Hi all, I am due to receive a large sum of money by bacs to a building
society account that I rarely use, (this is pension commutation from my
employer) I have been told that this may ring alarm bells (money
laundering) even though it is a legitamate source, what will be their
action, I don't want my money frozen(I've waited 32 years for it!!




-- 
cerb1162

On Tue, 3 Nov 2009 15:36:48 +0000, cerb1162
 wrote:

>
>Hi all, I am due to receive a large sum of money by bacs to a building
>society account that I rarely use, (this is pension commutation from my
>employer) I have been told that this may ring alarm bells (money
>laundering) even though it is a legitamate source, what will be their
>action, I don't want my money frozen(I've waited 32 years for it!!
Why not ask the BS?  If you have documentary evidence as to the
validity of this money, you ought to be all right, surely, but it
might be as well to inform the BS it's coming, and see what they say.

"cerb1162"  wrote in message 
news:cerb1162.536040f@financebanter.co.uk...
>
> Hi all, I am due to receive a large sum of money by bacs to a building
> society account that I rarely use, (this is pension commutation from my
> employer) I have been told that this may ring alarm bells (money
> laundering) even though it is a legitamate source, what will be their
> action, I don't want my money frozen(I've waited 32 years for it!!
> cerb1162

There won't be a problem as the Banks can identify the Pension Company and 
the validity of the transaction. If there was a hold up due to unfounded 
suspicions about the transaction then interest would be paid to you .