Tuesday, November 19, 2013
Texas Trust CU Says Adios to International Remittance Business
Texas Trust Credit Union (Mansfield, Texas) is a casualty of the Consumer Financial Protection Bureau's new international remittance rule.
The credit union announced on its website that it can no longer offer international wire transfers, due to recent regulatory changes.
The credit union's September call report stated that the credit union had originated 146 international remittances through the first nine months of 2013.
See the announcement.
The credit union announced on its website that it can no longer offer international wire transfers, due to recent regulatory changes.
The credit union's September call report stated that the credit union had originated 146 international remittances through the first nine months of 2013.
See the announcement.
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