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bank account red flagged?

2»

Comments

  • shrewsaver
    shrewsaver Posts: 155 Forumite
    Energize wrote: »
    By law any transactions over £9k have to be checked iirc.

    http://www.hmrc.gov.uk/mlr/mlr8.htm#4b

    By law ANY transaction can be checked not just over a certain amount.
    Aegis wrote: »
    Anyone who knew this (i.e. a bank employee) and told you could feasibly be breaking money laundering regulations, so it's unlikely you're going to hear anything specific.

    Correct.
    Save £12K IN 2013 Member #217 £3654.88/£6,000 (60%)
    Shares: £273.36 (Bought £494.14) £220.78
    SIPP: £5,366.63 (Bought £5,429.44) £503
    S&S ISA: £11,560.70 (Bought £10,537.58) £1,023.12
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