This is false. I just did an international wire transfer a few weeks ago with no KYC.

jacquesm an hour ago | parent | next [-]

Right, so you think.

But: your bank knows who you are and the recipient's bank knows who they are. Your transfer may have been below the increased attention threshold ($10K to $50K depending on the jurisdictions of both recipients).

Both your accounts are most likely not recent and in good standing.

And so on. I routinely make international wiretransfers as well but I'm under no illusion whatsoever that if I tried to cross an anti-money-laundering or anti-terrorism-financing threshold somewhere that the transfer would be immediately stopped and an investigation would ensue.

	▲	reenorap 6 minutes ago \| parent [-]
		Right but presumably the OP had an existing bank account. You can't wire money into thin air. Assuming OP is a regular person with a regular bank account, then further KYC isn't necessary. KYC for every international wire transfer is in fact not true at all, only for the edge case where a person wants to receive money and he has no existing account to transfer it in.

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overfeed an hour ago | parent | prev [-]

The War on Terror Financing(tm) made KYC-less transfers using formal banking systems well nigh impossible. Your transaction was covered by past KYC (by your financial institution).