TOKYO -- MUFG Bank and Mizuho Bank will soon stop offering international cash remittances at branches in Japan in a move to combat money laundering.
Business trends
MUFG and Mizuho to end overseas cash transfers
Megabanks' branches in Japan take step to fight money laundering
Many regional banks in Japan have already stopped offering overseas cash remittances considering the difficulty of tracking down the source. (Photo by Yumi Kotani)
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