Re:I just had over a thousand Euros stolen and Revolut is si...
by londons_explore on Monday June 24, 2019 @07:04PM
(#20269449)
If a human moves money from "Bob smith" at bank1 to "bob smith" at bank2, they can avoid many of the money laundering checks, because money laundering laws only apply when money is changing ownership.
If a business does the same, and claims they're moving their own money about, the name checks aren't applied, so they can work around many of the checks.
If a business does the same, and claims they're moving their own money about, the name checks aren't applied, so they can work around many of the checks.