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0 pointseunos2y ago0 comments

This is one of the consequence of strong Anti Money Laundering law. Bank much prefers to avoid False Negative (letting money launderers operate).

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seanmcdirmid2y ago

It 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.

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seanmcdirmid2y ago

It 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.

j / k navigate · click thread line to collapse