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Abbey Identity Confirmation Nonsense

I forget which bank it was that refused to allow me to draw funds on my credit card because my driving licence (with a photo) was out of date... but then accepted one that was in date that did not have a photo.

They are totally incompetent... I still have an account there and popped in to pay my American Express bill... it involved having to make a phone call to set up a payment authority and then when I had payed cash over the counter, the cashier wanted to see proof of my signature in order to transfer the money.

Is that a real restriction... many people do not have two forms of ID, or was she just interpreting the restrictions in a funny way?

Axel

Reply to
axel
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In message , GSV Three Minds in a Can writes

How?

Reply to
john boyle

Bitstring , from the wonderful person john boyle said

How what? It's 'proof of Identity (of the owner of the funds). For anti money laundering purposes. 'Proof of address' I addressed in the bit you snipped.

Reply to
GSV Three Minds in a Can

Do you not know that Auditors have just refused to sign off the EU's Accounts for the *11TH CONSECUTIVE YEAR* as there are billions of Euros slushing around between EU Countries, organisations & Co's & for which their is no effective traceability.

Oh yes Peter, the European money laundering laws are very strict - aren't they !!

Joe Lee

Reply to
Joe Lee

In message , GSV Three Minds in a Can writes

Ahh, I read it that you were saying that the cheque somehow provided proof of address, what with you saying '100% of the proof".

Reply to
john boyle

"tim (moved to sweden)" wrote

It's all very well complaining how strict the law is, but nobody seems to be putting forward ideas as to how the law should be enforced.

If one was to pay lot more money than normal in to bank account, would this be questioned.

Derek

Reply to
Derek Hornby

Not a very clever thing to do when you're a) resident in Scotland and b) have never bothered to marry the mother of your children.

Reply to
Sam Nelson

I don't know. I don't think it matters, operationally speaking. I asked her if she could think of a way to use my will as a money-laundering device, which question was apparently deemed far too impertinent to deserve an answer.

Reply to
Sam Nelson

"Nobody" as in, nobody on this group, nobody in the Banking sector, nobody in Government.

Why is it the group's responsibility to suggest some ideas?

Anyhow, action is being taken. Apparently the notes accompanying the regs advise a short list of example documents that could be accepted. The banks have interpreted this list as a mandatory list. It has been decided that the advice should be withdrawn.

You are not the first person to think that the effort would be better spent targetting strange transactions rather than stopping ordinary people open accounts

tim

Reply to
tim (moved to sweden)

sure it is. just write "all to wife". heh. cheers james

Reply to
gonzo

Ths is what I was thinking. How can a will be involved in money laundering? Especially when you have made it yourself.

Reply to
Dave

tim (moved to sweden) wrote: []

I /did/ like the tale in one of last week's newspapers of some kid in a boy band opening an account at Coutts with a 45-quid gas-bill disconnection notice ;-)

Alas, I can't buy premium bonds over the phone for my son 'cos *he's* not got a switch card, but the PO are happy to take one of my cheques - drawn on the same account - over the counter.

I blame all those organised criminals laundering 100 quid a pop through their kids & National Savings...

rgds, Alan

Reply to
Alan Frame

I'll think you'll find its a British Disease known commonly as 'Gold Plating'

Regards

David M Wicker

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Guildford UK

Reply to
david m wicker

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