Requirements applicable to cheque cashers as of April 1, 2025

News Anti-money laundering Guidance

Date: 26th Mar, 2025 Source: Financial Transactions and Reports Analysis Centre of Canada Country: Canada Original Source

Brief

On March 26, 2025, the Financial Transactions and Reports Analysis Centre of Canada issued an update regarding Requirements applicable to cheque cashers as of April 1, 2025. Cheque cashing services must register with FINTRAC, implement a compliance program, and verify client identity for transactions exceeding $3,000 or more.

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Financial Transactions and Reports Analysis Centre of Canada

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Requirements applicable to cheque cashers as of April 1, 2025

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Requirements applicable to cheque cashers as of April 1, 2025

Brief

Financial Transactions and Reports Analysis Centre of Canada

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