The owner at West San Carlos Gas & Check in San Jose discovered his account was frozen and did not know what to do or how to fix it. “I have been a check casher for 30 years and have been with the same back for the last 15 years. So when I found out […]
CA Loan & Jewelry came to us as a referral from California Financial Service Providers (CFSP). They had just received a letter from their bank and were in danger of losing their bank account. “We received a letter from our bank that stated they were going to close our account. We contacted the CFSP and […]
I believe there are several products that are lessening the need for cash, including but not limited to, prepaid cards, peer-to-peer transfer, and ever-progressing mobile technology, but there will always be those consumers and businesses that remain loyal to the greenback. THE DEMISE OF CASH Phones are getting smarter, new peer-to-peer money transfer apps are […]
On Wednesday, December 2nd, the compliance team concluded the Anti-Money Laundering Online Workshop with AML program requirements. The presentation covered how to preserve your banking relationship and an in-depth glimpse into the anatomy of an AML program. The team uncovered that there are four pillars of an AML program and include: Designation of a Compliance […]
LEARNING CURVE Our team has a lot of experience working with banks and we have grown accustomed to bank terminology, commonly referred to in the office as “banking terms.” While these terms come easy for our team, it is a new language for many of our merchants. It is our job to share our knowledge […]
