What is the usual protocol for most banks once they see that you have reached millionaire status? What happens then in order for?

them to retain your cash?

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  • 6 months ago
    Favorite Answer

    They offer you low interest loans. And free services - checking, savings, overdrafts, safe deposit box, etc. Due to FDIC limits of protection, most rich people don't have a million in one bank. It's in several.

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  • gerald
    Lv 7
    6 months ago

    sir you do not become a millionaire with your money in a bank that's hiring crooks to mind your money if you do make a million on your own ability you are far wiser than them

    • Frank6 months agoReport

      Huh?

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