In accordance to the UK money laundering regulations, MasterWire stipulate to its clients certain limits in order to send money abroad, apart from the “ONE OFF transaction” described below:

a) £ 1.990,00 in a single remittance, or;
b) £ 3.000,00 per month;

Any custumer who wishes to surpass these limits will be asked to provide the origin of the money.

“ONE OFF” Exception for transactions totaling £600.

No documents will be required to transfer amounts equal or inferior to £600 as a ONE OFF. Once the customer has surpassed the £600 limit, he/she must register according to general guidelines for registration.

Every customer must provide the following in order to be fully registered and verified:

1) A picture ID showing his/her signature and validity of the ID (expiring date of the ID)
2) Proof of address

PROOF OF ID
Will be satisfied by any of the means stated below, although passport or National Identity Cards are recommended as the best proofs of ID.

• A current valid signed Passport.
• Current National identity card (UK and EU).
• Residence permit issued by the Home Office to EU national on sight at own
country passport.
• Current UK photo card Driver License.
• Current full UK Driving License (old version).
• Benefit Book or original notification letter from Benefits Agency.
• Self Employed in the construction industry - tax exemption certificate with
photograph of holder (form C155, C156 & C60).
• Inland Revenue tax notification.
• Firearms certificate for individuals who are not normally resident in the UK.

PROOF OF ADDRESS

a) Primary proof: One recent bill of electricity, gas, water or landline telephone.

b) Secondary proof: If unable to provide one primary proof of address, sender will be required to provide two (2) of the following documents as proof of address:

• Certificate/Letter from two suppliers of utilities confirming the arrangement to pay
for the services on pre-payment terms.
• Mobile Bills - Care should be taken to guard against accepting mobile telephone
bills that can be sent to different addresses.
• Police registration.
• Letter from school.

Registration of customers by post should be carried according to the general procedure for registration and the copies should be CERTIFIED COPIES.