How much money can you transfer without being reported UK?
How much money can you transfer without being reported UK? International money transfer limits There are no official limits on how much money can be sent to and from the UK. However, the Financial Conduct Authority (FCA) and HM Revenue & Customs (HMRC) will monitor the transfer and may take action if they have reason to believe it is linked to illegal activity.
Do banks monitor your account?
The information banks collect may be used to create bank statements, monitor for fraud, and determine credit eligibility. Banks and credit unions also gather information about consumers' online activities.