All posts tagged "money transfer services"
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1.4KAML / KYCFinancial Quarantine: Understanding FATF’s Call for Action on Iran
Nick Turner at Steptoe & Johnson explains the implications of the FATF's recent decision to return Iran to its so-called ‘blacklist’.
March 2, 2020 -
381AML / KYCRBA Underlines High Cost of Cross-Border Transfers via Big Banks
The average mark-up over the wholesale exchange rate is around 5.5% for the major banks, versus about 1% for the digital money transfer services, said RBA governor Philip Lowe.
December 11, 2019
