Compliance Policy Update 2021
- By Localcoin
- June 2, 2021
Due to regulatory changes made by the Government of Canada on June 1, 2021, Localcoin has implemented new internal policies and procedures to comply with the new AML/ATF requirements. Please refer to our Compliance Policy at https://localcoinatm.com/compliance-policy/
Effective immediately, all unregistered customers will be subject to new spending limits which include limits on your individual and daily transactions.
The new limits are as follows:
$995 per transaction
$4975 per day
Higher limits will be granted to those who verify their identity at a later time. You can register at https://apply.localcoinatm.com.
For questions or concerns, please email [email protected] or reach our helpline at 1 (877) 412-2646.