Sending money back - questions from UK Bank
 

I am in the process of selling up in Canada to move back to the UK...

I kept a UK bank account for the last few years(ie, had the account when I was living in UK) with my folks address.

I recently moved a load of money (sale of house etc) from Canada to my account in the UK....

The bank has now written me a letter saying to due to regulations for money laundering etc they want me to provide a certified copy of my passport and id etc....

Has anybody else experienced this? ie, after they have moved a load of money (couple of hundred thou) into UK bank accounts in preparation for moving back?

Re: Sending money back - questions from UK Bank
 

Yes...I am currently buying property in the UK and have to undergo the fraud investigations. First they wanted a photocopy of my PP, then they wanted a notarized copy, then they wanted a web site or a letterhead to prove the notaries ID. Then they asked for my original PP.

Re: Sending money back - questions from UK Bank
 

Has anybody else experienced this? ie, after they have moved a load of money (couple of hundred thou) into UK bank accounts in preparation for moving back?[/QUOTE]

This has not happened because of transferring - all accounts are subject to proof of ID. If you'd done nothing and walked into the branch you might have been asked anyway - the big amount just means they have to do it.

I opened a new euro account in the uk last month and the lady told me three times (??) that I was special and did not need to prove my id for money laundering purposes - so I told her that I was opening the account to launder money!! I must have in the past done something like give them my social security number or something like that.

Re: Sending money back - questions from UK Bank
 

Your post prompted me to call my UK bank this morning to enquire if I'd have to go through the relevant fraud investigations because I am transferring money from the US into my UK bank account. They said I would because of the amount involved. This involves completing some sort of paperwork and providing ID...which is not a problem as I will be in the UK in a couple of days.