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<p>(proceeding in the Patentpractice listserv.)</p>
<p>I have read in the news that some governments have been beating
up Wise to force Wise to do more about potential money
laundering. <br>
</p>
<p>So for example the last few times I tried to do an ACH within the
US, the Wise system asked me to show my photo ID again. Of course
I had shown my photo ID maybe four years ago, when I created the
Transferwise account in the first place. Seems sort of annoying
to be asked to show the photo ID again. But the
anti-money-laundering bureaucrats are probably the reason for
this. <br>
</p>
<p>Anyway the first three or so times that this came up, I tried to
do the "show them my passport" thing and it kept saying over and
over again that the image of the passport was not clear or
something. And then the Wise system would sort of relent and
allowed me to proceed with clicking to make the ACH happen.
Finally on about the fourth try, the Wise system apparently
decided that the image of my passport was clear enough after all.
And since then I have done some more ACHs and the Wise system has
not puked on them.</p>
<p>But at no point during this process of showing a photo ID to Wise
did I get asked to anything with a so-called "rewire".<br>
</p>
<p>You could think of this as "deterioration of service" with Wise.
Probably that's not a good way to describe the situation. A more
accurate way to describe the situation is "Wise doing the best
they can to satisfy the anti-money-laundering bureaucrats."</p>
<div class="moz-cite-prefix">On 12/19/2023 2:11 AM, Dan Feigelson
wrote:<br>
</div>
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<div>So I played around with Wise a bit more. Seems that for
payments made by ACH, there's now a daily cap and if that's
exceeded, it asks for photo ID, which leads me to "rewire",
though I don't know what the cap amount is and couldn't find
it looking in Wise's "help" section. I found there was a
cap because I didn't want to provide a photo ID until I find
out what this "rewire" thing is, and guessed there might be
as cap issue and I reduced the amount to send, and it let me
go through with it without asking for a photo ID, but when I
then tried to top-off I encountered the same problem. <br>
</div>
<div><br>
</div>
<div>I know that in the past there was a $5000/day cap for ACH
transfers. <br>
</div>
<div><br>
</div>
<div>I don't know if this is an issue with making transfers
from a Wise account into which funds have already been
deposited.<br>
</div>
<div><br>
</div>
<div>At any rate, Wise, like many other online things that
start out good, seems to have deteriorated in terms of its
service over time. <br>
</div>
</div>
<br>
</div>
</blockquote>
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