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CFPB Warns Remittance Transfer Providers About Making False Claims

March 27, 2024
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CFPB Warns Remittance Transfer Providers About Making False Claims

March 27, 2024
The Consumer Financial Protection Bureau (CFPB) has issued a circular warning remittance transfer providers about making false claims regarding the cost and speed of international money transfers. False advertising of that sort can violate federal law, the agency said in a Wednesday (March 27) press release. This caution applies to both traditional providers of international […]