July 22, 2016 - Sector-wide ‘sweep’

Sector-wide ‘sweep’: Money service firms say banks are giving them the boot

| | Last Updated: Jul 22 8:28 AM ET
More from Barbara Shecter | @BatPost

Buildings in Toronto's financial district.
Laura Pedersen/National PostBuildings in Toronto's financial district.

In an effort to comply with more stringent anti-money-laundering regulations, some Canadian banks are cutting ties with small businesses that offer money services including overseas transfers and foreign exchange.

Full article here