Foreign Cash Limit

At International Commerce Exchange, we value the trust you place in us as your financial services provider. We would like to inform our clients of recent regulatory changes that may impact certain transactions.

New legislation enacted in Mexico places restrictions on the amount of U.S. dollars that can be deposited into Mexican bank accounts. As a result, many clients are opting to bring larger sums of cash into the United States for deposit into U.S. financial institutions.

In accordance with U.S. federal regulations, all banks are required to verify the source of funds for all cash deposits made into U.S.-based accounts. This is part of a broader effort to ensure transparency and compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations.

We remain committed to supporting our international clients while complying with all applicable laws and regulations. For more information regarding foreign cash deposit limits and verification procedures, please contact your International Commerce Exchange account representative.