Banks are reportedly continuing to close the accounts of businesses on the US-Mexico border as they continue to pursue strategies of de-banking, the closure or refusal to open accounts for entire sets of customers.

While US banks appear to be endeavouring to comply with Washington’s anti-money laundering regulations, their de-banking strategies appear to be taking a toll on legitimate border businesses....Log into your ATFCP account to access content at Association of Trade Finance Compliance Professionals.