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Easing cash policy: fewer questions from banks in The Netherlands during cash transactions.

Banks in the Netherlands will from now on be less likely to question their customers when using cash. This welcome development is the result of consultations between banks in The Netherlands, De Nederlandsche Bank (DNB), and Dutch business organizations. This blog discusses this new direction in cash policy within the framework of the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft)…..



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