4 ms·
This is one of the consequence of strong Anti Money Laundering law. Bank much prefers to avoid False Negative (letting money launderers operate).
by eunos 3y ago
This is one of the consequence of strong Anti Money Laundering law.
Bank much prefers to avoid False Negative (letting money launderers operate).
- seanmcdirmid 3y agoIt isn’t the bank’s preferences. Rather it is forced by the liability bestowed by them by the government. They don’t get the benefit of safe harbor like ISPs.