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Cash carrying is not our core business and we provide cash carrying services only on an ad hoc basis for a limited number of well-known clients. Are we still caught by the AML/CTF Act?

AD basis Business carrying cash core hoc limited Services
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Cash carrying is not our core business and we provide cash carrying services only on an ad hoc basis for a limited number of well-known clients. Are we still caught by the AML/CTF Act?

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A. If the service is provided in the course of carrying on a business of collecting or holding physical currency, then the Act applies.

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