How much cash does a bank keep on hand?

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asked Apr 29, 2020 in Other-Finance by klorarog (510 points)
How much cash does a bank keep on hand?

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answered Apr 29, 2020 by Adf289 (58,200 points)
The amount of cash that a bank keeps on hand in it's vaults and registers depends on the size of the bank and their daily or monthly transaction amounts.

Small banks keep between $20,000.00 to $50,000.00 in cash on hand in their vaults and registers.

Larger banks may keep between $200,000.00 to $500,000.00 in cash on hand to do their daily check cashing, cash loans, etc.

Most of the cash that a bank has on hand is actually in the vault and not in the teller's register.

So you might only get $2,000.00 to $5,000.00 at most when robbing a bank.

Also when a person robs a bank the teller actually slips a dye package in with the money that goes off and dyes the money as well as the bank robbers hand when they reach into it.

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