I come from an affluent family who has money spread out every where. I stay out of family money because its a very messy situation in my family and I learned to earn it my own. I work for a bank's account maintainance department where we open, close, update accounts and transfer money from bank to bank. I did
I come from an affluent family who has money spread out every where. I stay out of family money because its a very messy situation in my family and I learned to earn it my own. I work for a bank's account maintainance department where we open, close, update accounts and transfer money from bank to bank. I did not know I was a beneficiary of my recently deceased grandmother, my Mom is the one handling the situation. The account is in the process of probate and I don't want my co-workers or boss to find out I inherited a good amount of money. Is there a way for me to do this without quitting my job?
It is very likely they will find out no action is taken because we process these types of situations on a daily basis.
Nuff Sed: If granny's account is in your bank, you can simply request mom (or whoever is the personal representative or attorney of the estate) to transfer it somewhere else, such as to an estate trust account for later confidential transfer to you somewhere you are more comfortable with. People who work with estate administration every day know how to do this easily.
i have inherited money… it came by check…
i can deposit that check into any bank i wish…
you write as if the bank you work for is the only bank in the world… i guarantee it s not… if grandmother s account is at the bank you work for, i guess there's a chance someone shall find out… i would think that, being a bank, the employees are responsible for adhering to professional standards… i would imagine they are warned that they are not to spread around information about the accounts at the bank, whose they are, who s benefiting from them, etc…
it s sad that you appear to work at a place where professional standards are non-existent… that being the case, i would seriously consider taking my talent elsewhere… i m not being sarcastic, here, either… if your colleagues are that unprofessional, your own reputation is at risk…
The action can be done at a different branch of the bank you know. It doesn't have to be at your specific bank.
open a new account at a different bank to deal with that money. That way NOBODY at your employer bank can find out your business. Not even the president of your employer bank.
make sure the trust department which you enlist to hire is an investment bank like Morgan Stanley, and not a commercial bank like JP Morgan Chase
I would hope that the bank you work for has excellent credentials when it comes to customer confidentiality and data protection- I would not want to bank with a company that does not adhere to these basic rules.
It may be that your colleagues will notice a name connection to you, however I would expect them to behave in a professional manner as they would towards any other customer.
I appreciate that you wish to protect your privacy.
Consider what you would do and think, if while processing a transaction you noticed a detail that pertained to someone you know- how would you handle this?
only the people processing the inheritance will know about it and they are by the very job they have sworn to secrecy, the other employees should not find out nor should the ones actually processing it have ANY occasion to reveal it–not kosher, or actually legal
I wonder if you should ask your supervisor or bank president what expectations of privacy you have concerning private and personal assets and financial transactions as a client AND employee or officer of your financial instituion. Or consult your banks attorney.
Sure there is. Keep your mouth shut. Don't tell anyone; deny everything.
Why would they know if you don't tell them? Deposit your money into another bank and don't wear/drive things that show off your wealth.