Mexico passes anti-laundering cash purchases ban
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Mexico passes anti-laundering cash purchases ban

Mexico City : Mexico | Oct 11, 2012 at 7:25 PM PDT
Source: Fox News
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Mexico's Senate has approved bans on large cash transaction as part of a measure to fight money laundering. The bill forbids sellers and notaries from accepting cash payments of over a half million pesos ($38,750) for real-estate purchases. It also forbids cash purchases of over 200,000 pesos ($15,500)... FULL ARTICLE AT Fox News
 
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