Question Documents requested by a Bank/EMI for Money Laundering

[Naleii]

If a Bank/EMI suspends/freezes a account related to a incoming transaction, they usually start to request documents, before you can access your funds again.
Do you know which documents these could be?

I know that it could be:
- Source of funds (like a Invoice from the sender of the payment, not sure though what a source of fund document could be otherwise)
- Registration of Tax-Number Document
..

I guess there are much more documents. I head it from users on Wise, Monese and so on, that they ask for huge documents. But which?

 

[JohnLocke]

It depends on the amount, where you received or send the money to and how your history is with them.

Actually back in time when Mister Tango blocked our account, they simply asked for a bank statement from our current bank and wanted to compare if what we said was reflecting the account statements.

Anyway, we don't use them any longer.

 

[jakubko666]

eToro does this too. Because AML5 and 6 they ask for lot of bulls**t documents, like personal tax declaration, monthly bank statements reflecting your salary etc.

 

[uplana]

good to know, I don't need such bulls**t trading platforms.