Questions

It is a car title loan company that I have ran for the last two years in Los Angeles. What have other companies done and what would you suggest that I do?

1) Change bank
2) Stop doing money laundering or giving them suspicions of doing so by avoiding excessive cash deposits/withdrawals or having periods of large movement and then no movement (these are triggers)
3) Have a good relation with your banker
4) If they ask you for nature of your business then answer truthfully
5) Ask them if its a mistake....these things happen


Answered 10 years ago

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