WU an MG IDS

[ram97]

Heard on another board that as of Nov 1st WU and Mg will no longer allow waiving of ID'S. Anyone else heard this or know if its true?

Ram

 

[sofargone561]

Damn i hope not. I heard that you cant waive ID under or over a certain dollar amount but not on every transfer. someone with more info please inform us!

 

[GRIM]

been hearing similar for a long time.

 

[Troy]

Probably just a bunch of rumors bro

 

[JM750]

Why the fuck do they need an ID for receiving money from the sender? I can see asking for one for the pick up to make sure the right person gets the money.

 

[DGAF]

I think it may be just a bunch of rumors right now. I haven't heard anything about this yet. Asking for ID is more for money laundering reasons than it is for making sure the right person gets the money. I know if sending over a certain amount they will ask for ID and it is because of money laundering and they are required to fill out a SAR on certain amounts sent also. I think anything over $999 you have to show ID for WU and I think it might be $900 for MG and anything over $2000 for WU they have to send in a SAR(suspicious activity report). They are constantly revising their rules, they are even putting those phones in stores instead of the computer and you pick it up and push a button and talk to an agent and tell them what you want to do and they give you a number or something and you take that to the register and they ring you up so you never talk to the clerk at the store it is done on the WU phone.

 

[IronFox]

I don't think its WU/MG, its the stores themselves that require ID's for ALL transactions, but I am sure that soon WU/MG will make taking ID's mandatory. So maybe its time to review other payment methods

 

[DGAF]

Actually it is WU that calls the shots on IDs. It is their service and not the stores service. They pay the store a percentage per transaction so the store abides by the WU policy, if not WU can and will pull their service from the stores which can mean big losses for the store. I have seen it done personally, WU will come in and take their computers out of the store and everything. WU sends down memos to the managers on what they want done and the store then does it, most of which are done on the computer anyway so if ID is required the computer will prompt the clerk to input it in order to go to the next page, if it isn't required it will go on to the next page automatically. Basically the clerk just follows what the computer tells them to do, just like nowadays when a store asks for ID for say alcohol or cigarettes when they are scanned the clerk has to enter it into the register to get the register to proceed with the sale. There are ways around that like the clerk will enter their bday into the register to bypass that part. On the WU computer it will ask for the DL number to be entered and unless the clerk enters theirs they will need to see yours, but the system don't cross reference the numbers with any database so you can have a fake ID and give that number and it will work. The WU computers are not linked to LE computers or DOT computers in any way so there is noway of checking the number to see if it is real or not but it will save it for future uses to see if the names match each time its entered.