edbehnke wrote:
it just isn't fidelity. many now require a 'real' address for your accts.
And, as usual, some responders to this thread missed the important point. All of this hassle doesn't kick in until a LARGE sum of money is involved all in one chunk.
IF.....you have accumulated a lot of money in accounts with one company and then you change your address and take out small sums occasionally.....NO PROBLEM.
The problem comes in when you move a large sum all at once.
The Feds are trying to make the banks help root out money laundering to support illegal activities......terrorism mostly.
Most people will never run into this problem. First you need to have cash into 6 figures or more. Then you have to move a big piece of it all at once.
