I set up a transaction with a high volume very trusted seller on LBC and went to the Co-op CU and was asked for ID, which I remembered they started doing this earlier this year, no problem. The teller started the deposit and then proceeded to tell me she needed to photocopy my ID and fax it to the branch in which the deposit was going to. I didn't really think much about it right then just thinking this was new protocol, but as I was driving home I started thinking how this could be bad. I just want to know if anyone has encountered this with a seller before as I have not bought coin in about 6 months. Thanks in advance.
I've bought like $10,000 worth of coin through co-op credit unions and never have had this happen.