From which amount did your bank retained your money and asked you to supply additional documents etc? 10K+? 100K+? they never retained your amount? Planning to book partial profits and want to know others experience.
Please mention the country you reside if possible (if not, at least the continent). Thanks!
Depends on what county you do live in but overall banks do have threshold for the alarm to ring which would really require more verification and other documents when big money is deposited or get involved.
Here in my case or my country which does have that $10,000 single transaction would really be ringing up those bells or would really be getting some attention from banks knowing that AMLA or simply
anti laundering law will be the most common thing you will be having an issue.
They do have all the full rights to hold up those funds if you cant able to show proof on where those funds came from and its really a pain in the ass.