Find multiple banks to deposit his money why

Reference no: EM13279761

Michael has inherited $500,000 from the sale of a family business. His banker is advising him to find multiple banks to deposit his money. Why?

Reference no: EM13279761

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Find multiple banks to deposit his money why : Michael has inherited $500,000 from the sale of a family business. His banker is advising him to find multiple banks to deposit his money. Why?

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