There is no maximum figure or amount of cash and you will only be reported for suspected money laundering if someone has a suspicion the money you are using results from the proceeds of crime.

A lack of any history for depositing a large sum of money, particularly cash, may lead to such a suspicion.

Much will depend on who you are buying from.

Professionals such as bankers, accountants and solicitors are expected to try and fact-find if they are suspicious of the source but others might not so closely enquire where the money comes from.

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