Marty, thanks. I can see where they are coming from, AML and all that, but this is
insane. There should be just one standard universally applied, and when there is sufficient evidence from multiple sources about a person with a long history, then identity should be proven. I've given something like 230 points of ID, plus the mortgage is going from my name to my name.
See
http://www.dtpli.vic.gov.au/__data/assets/pdf_file/0014/260240/CustomerInfoBulletin_ed145.pdf
The relevant part of the Transfer of Land Act 1958 is s 87A, Mortgagee to verify identity of mortgagor for execution of mortgage or variation of mortgage:
(1) At the time of execution of a mortgage or a variation of mortgage, a mortgagee must take reasonable steps to verify the authority and identity of a mortgagor to ensure that the person executing the mortgage, or on whose behalf the mortgage is executed, as mortgagor is the same person who is, or is to become, the registered proprietor of the land that is security for the payment of the debt to which the mortgage relates.
(2) For the purposes of subsection (1), the mortgagee is considered to have taken reasonable steps to verify the authority and identity of the mortgagor if the mortgagee has taken steps consistent with any verification of identity and authority requirements?
(a) determined by the Registrar in accordance with section 106A; or
(b) set out in the participation rules (within the meaning of the Electronic Conveyancing National Law (Victoria)).
In my view, having all the identifications proved as I have done satisfies s. 87A (1). I've had this before when a bank incorrectly applied AML/TCF. I challenged the mongrel bank and won. The aforesaid MB did not agree that I had won, but smothered me in bank-babble and then let me open the account, no more ID proving necessary.