From: "Andrew Z" 
Newsgroups: uk.finance
Subject: Re: Documentation.
Date: Thu, 4 Dec 2003 10:32:56 -0000

What did RBS do or not do to get this fine?

"john boyle"  wrote in message
news:Y+AFl3Bpyjz$Iw0b@johnboyle1.demon.co.uk...
> In message , Alex 
> writes
> >Ages ago I got some information for (I think) a Birmingham Midshires
(sp?)
> >account to be opened through the post (building society).
>
> It must have been ages ago if it was still a Building Society.
>
> >
> >They asked for about four forms of original ID (such as passport, driving
> >license) which seemed absurd.
> >
> >I know they have to comply with the law, but this seemed excessive.  How
do
> >they hope to get new customers?
>
> They would dearly love not to have to go to such ridiculous lengths but
> Money Laundering rules are very strict. RBS got fined £100ks earlier
> this year.
>
> --
> john boyle