Hacker News Reader

except those KYC and AML laws still apply to the companies making the transfers. And some of the regulators are extremely aggressive in their enforcement.

so your company either has to set up its own KYC/AML compliance department (noting that this is often a regulated profession) or it is probably breaking the law.

International bank payments are slow, but they are also reversible and compliance is not your problem.

Which industry do you work in?

> My company operates in a highly international business area.

Is it drug trafficking?