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Money Laundering Regulations

  •  Thu, Mar 19 2009, 8:12 PM

    Money Laundering Regulations

    Hello everyone,

    I am in the process of buying a house for cash and my solicitor wishes to see my bank statements showing my funds etc to meet Money Laundering Regulations. Fair enough, I have nothing to hide! But all of my money is in high interest (sic) internet accounts which don't issue statements and I can't wait a week or more for the money to be transferred to my current accounts and for statements to arrive through the post as I must exchange and complete next week.

    Are there any other mechanisms of verifying my identity and funds for MLR as my solicitor doesn't seem to have a clue? If I can't sort this out I may lose my dream home!

    :-(

    Many thanks in advance!

    'Johnny Cash'

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