Worry not because banks are actually the opposite! They have so much cash they don’t want it!
They’re still near an all time high (peaked in 2021).
This is the reason that most bank account interest rates haven’t increased despite fed rates increasing - banks don’t want to incentive taking on more cash to their books. Some banks obviously specialize in high interest accounts, usually because they do unusual things with their books, or as a marketing measure, but the major banks don’t need to raise rates.
Current data (2022): https://fred.stlouisfed.org/series/DPSACBW027SBOG
2020: https://www.wsj.com/articles/now-banks-problem-is-too-much-c...
2021: https://www.barrons.com/articles/banks-are-drowning-in-cash-...
The tax office also froze my bank account once because of a mistake on their end. It lasted a whole week because of holidays. I could not transfer or withdraw money.
Since then, I transferred money for safekeeping with my parents abroad, and withdrew enough cash to keep me afloat for some time.
It's probably comparable to $500-$1000 withdrawal in America.
Lately hearing more and more stories about people getting de-banked, as been making me feel a little nervous.
In the cases of the banks and my business friends, I'm more worried the banks are extremely over leveraged and don't want to part with any cash (like 2008 on steroids).