FlyerTalk Forums - View Single Post - Phone call from Amex asking if my business transmits money
Old Jan 24, 2017, 8:46 am
  #10  
danpeake
 
Join Date: Mar 2009
Posts: 2,295
Sorry to revive an old thread, but I got a phone call today similar to what was described here.

When I got the call on my cell, they asked if they could speak to me about my business and that it was not urgent. I was in the middle of shopping and said I couldn't speak. They said that was okay.

I called back about 15 minutes later and was told I they had a few optional, yes-or-no questions about my business. They asked

1) if my business transmits over $1000 in currency exchange

2) if my business cashes checks over $1000

3) if my business issues, sells or redeems over $1000 in money orders, cash equivalents, prepaid cards, etc.

4) if my business transmits payments for others

I answered "no" to all and was told that was all the information they needed. It sounded like compliance questions.
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