Aerospace & Defense News - Defense Latin America / Caribbean.

 
FREE EXCERPT

New York, Delray Beach (AirGuideBusiness - Aerospace & Defense News - Defense Latin America / Caribbean) Oct 16, 2011

Treasury Department Proposal seeks to update list of reportable monetary instruments. The Financial Crimes Enforcement Network under the Treasury Department has submitted a proposal to oblige international travelers to declare "tangible prepaid access devices" at U.S. border crossings. Devices subject to declaration would include gift cards, prepaid cards and cellphones with a balance exceeding $10,000. Law enforcement officials have identified such devices as favored modes of payment in the drug trade. Oct 13, 2011

ZZ AirGuideBusiness...

To continue reading

FREE SIGN UP