Proceeds of Crime (Money Laundering) and Terrorist Financing Act
Marginal note:Electronic funds transfer
9.5 Every person or entity that is referred to in section 5 and that is prescribed shall, in respect of a prescribed electronic funds transfer that occurs in the course of their financial activities,
(a) include with the transfer the name, address, and account number or other reference number, if any, of the client who requested it, and any prescribed information;
(b) take reasonable measures to ensure that any transfer that the person or entity receives includes that information; and
(c) take any prescribed measures.
- 2006, c. 12, s. 8
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