Border corner stores have filed 700,000 reports on cash transfers

Since April 2025, a FinCEN rule has required 86 shops in border zip codes to report cash transfers, and judges have now blocked it in several states.

border money transfers — El Paso's Second Ward in 1972, photo by Danny Lyon for DOCUMERICA / Public domain (US National Archives via Wikimedia Commons)

A federal rule that targets cartel money laundering has driven customers away from the money-transfer counters at small shops on the US-Mexico border. The Guardian's Lourdes Medrano reported on August 11,…