Be allowed to transfer money in or out of the country?...
The question is how do you stop them without disrupting the billions in legitimate transfers.
=============
it's called an ID you have to show an ID when you wire transfer
I just wire transferred some funds not more than fifteen minutes ago I had to show my ID... my driver's license ....and I was just transferring funds domestically
just like you need to show your ID to get on a plane just like you need to show your ID and passport to cross the border
I think it would be logical that transfers of money across borders falls under he same rules as a person crossing borders...
if you want to International transfer funds a valid passport is required ... after all you can't ship things in and out of country without a valid manifest ...
you can't cross the border in and out of the country without a valid passport... why should you be able to transfer money in and out of the country without the same level of ID...
and people that transfer funds all the time can set up the same kind of speed access like you can do if you traveling out of the country like I do.. something similar to fast pass for border crossing.....
I've done a hell of a lot of international travel do you want how much checking they do make sure you are who you say you are and what you bring it in and out of the country
yet you can send cash in or out of the country without even being here in the country legally ....that's crazy
but then again why reinvent the wheel they already have restrictions on large amount of money being transferred in and out of the country ....there's already a system in place to restrict that to check that
it's truly funny because there's all the security systems in place for transferring money to make sure people aren't stealing it or intercepting transfers
yet they don't use the same level of security to confirm the person is legally able to transfer the funds
there's tons of security and make sure the funds transfer is secure... and tons of security to make sure the person accessing the funds the receiver is legitimate valid person to receive again valid ID is required.
but no security to check the person transferring the funds is legally here in the country and has a legitimate right to do so
funds transfer already has an extensive security system in place
.... it just doesn't check if your legal or illegal in the country..... that's idiotic