Transferring money to wife account

This query is : Resolved 
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This discussion addresses whether there are limits on transferring money from one spouse's account to another and then withdrawing it as cash. The response indicates that while there's no explicit limit, banks may flag such transactions as suspicious activity. It's advisable to be aware of potential queries from the bank regarding the nature of these transfers.

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(Querist)
11 October 2021 Dear Sir,

Is there any amount transfer limit if a person transfers money from his account to his wife's bank account and then do cash withdrawal from his wife's bank account of the same amount.

Please help me in this matter.

Regards,
Divyesh Jain
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
11 October 2021 As such there is no limit, but query may be raised for any suspicious activity.
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DIVYESH JAIN

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DIVYESH JAIN (Querist)
11 October 2021 Thank you Sir for your reply
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