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Because the government said so. Why did the government say so -- because the bank is the only place that can see your transactions and has a profile on you and has a dedicated person to call you and ask about that cash withdrawal on the Turkish side of the Syrian border or regular cash deposits of 100k each week in addition to your cop salary.

Alternatively you can just not do anything with money laundering and all that or let the government do the monitoring itself.



There is a difference between caring about reducing legal risk and caring about money laundering.




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