Dirty money: banks urged to report suspicious transactionsVietNamNet Bridge - Banks and payment gateways are now the most effective way for hi-tech criminals to transfer dirty money and conduct illegal actions. The money is remitted in cases related to gambling, for-profit online games, and illegal trade of goods and services. Lawyer Truong Thanh Duc said it is difficult to prevent illegal money remittances and payments. Banks cannot intervene when party A remits money to party B if the parties have stated they are making payments for legal goods or services. Banks cannot intervene when party A remits money to party B if the parties have stated they are making payments for legal goods or services.

Source: VietNamNet News March 28, 2018 09:22 UTC