ID Card and PESEL Number when Shopping. Who Will Be Affected by the New EU Regulations?
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New anti-money laundering regulations will come into effect in the European Union in 2027. The changes will apply, among other things, to high-value transactions, and merchants will be required to conduct more thorough customer identity checks.
The Anti-Money Laundering Regulation will come into effect in the European Union on July 10, 2027. According to Interia Biznes, for purchases exceeding €10,000, customers will be required to confirm their identity by presenting an ID card and providing their PESEL number.
New European Union regulations may require identity verification and a PESEL number when purchasing expensive products in stores. This requirement will apply to selected retail sectors and is based on the EU's anti-money laundering and counter-terrorism financing regulations.
Starting July 10, 2027, new regulations regarding high-value purchases will come into effect in the European Union. Sellers of certain goods will be required to more thoroughly verify customers' identities and, in some cases, the origin of their money. The changes are intended to combat money laundering and will apply to car dealers, auction houses, and luxury goods sellers, among others.
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