New Abbey current account and linked Fixed Rate account

Dagobert

Milarky wrote:

Really? who wrote that law?

If you want to find out more, check out HM Treasury for Money Laundering Regulations.

Milarky wrote:

With bank's application of 'money laundering' rules all being slightly differently applied in practice.

Indeed, this has been puzzling me for a while: documents perfectly acceptable to one bank are not accepted by another.

Rickycowslip

er - why ?

I've opened savings a/cs with other banks/BSs and not had to provide further ID proof - have they got it wrong ? If the law really did require you to check ID for new a/cs with existing customers shouldn't it also require ID for existing a/cs ?

Robert_Sterling_3

I think I will give it a miss.