What is an LCTR?

 

Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) Guardian International Currency must keep a record and report any transaction in which it receives $10,000.00 CAD or CAD equivalent in cash from a client.

This also applies to multiple transactions conducted within a set period of time.

If this requirement affects your transaction you will be asked for some basic additional information about yourself.

All personal information is collected in keeping with the protections of The Personal Information Protection and Electronic Documents Act (PIPEDA).  You can read more about Guardian International Currency's Privacy Policy here.  

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