Forex: Bureau

Because forex bureaus deal in large volumes of cash, they are primary targets for regulatory scrutiny regarding financial crimes.

Forex bureaus generate profit through three primary avenues: FOREX BUREAU GUIDELINES 2011 Table of Contents forex bureau

: Regulators mandate a minimum core capital that must be maintained at all times. For example, some jurisdictions require at least $60,000 . Because forex bureaus deal in large volumes of

: You are required to maintain orderly books and vouchers, which are subject to unannounced inspections by the Central Bank or other regulators. 4. Revenue Model some jurisdictions require at least $60

Your physical location and internal systems are critical for both security and efficiency.

: Implement robust policies to monitor and report suspicious activities to the authorities.