My Local CVS Instituted Anti Money Laundering Guidelines

I’ve previously written two articles about CVS and Manufactured Spending with Vanilla Reloads.

I Spent $5,039.50 on 10 Vanilla Reloads From CVS Pharmacy in One Transaction
My Local CVS Hides Vanilla Reloads in a File Cabinet
My Local CVS Instituted Anti Money Laundering Guidelines

I’m not a huge manufactured spender like Amol or @PatMikeL, but I do visit CVS quite a bit. I popped by my local CVS today in Los Angeles and noticed a new note by the cashier labeled “Money Laundering Huddle Guidelines”.

cvsmoneylaunder1

The entire note reads as follows:

cvsmoneylaunder2

Money Laundering Huddle Guidelines

1. Money Order Daily Limits – $2,500

2. Money Transfer Daily Limits – $2,000

3. Pre-Paid Products Limit – $5,000 – no more than 10 cards per day

4. Scams at no time must any employee process any transaction through the phone for anyone claiming to be a CVS employee or field management.

I went ahead and bought the few remaining Vanilla Reloads left and asked the cashier about the Money Laundering policy. The cashier said that the company is aware of the situation. I don’t know what she meant by that, but it sounds scary.

Is buying prepaid cards with mileage earning credit cards coming to an end at CVS soon?

 

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  2 comments for “My Local CVS Instituted Anti Money Laundering Guidelines

  1. January 15, 2014 at 3:09 pm

    The collection of certain personal information has major risks, IMO… here’s my recent post on the related topic: http://first2board.com/travelblawg/personal-info-to-retailers/

  2. Patrick
    January 15, 2014 at 3:13 pm

    No…

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