Bureaux de change

According to ACAMS International Glossary of Key Money Laundering Terms and Acronyms, bureaux de change are businesses that offer a range of services that are attractive to money launderers, including exchange services to buy or sell foreign currencies and con­solidating small denomination bank notes into larg­er ones, exchanging financial instruments such as traveler’s checks, money orders and personal checks, as well as telegraphic transfer facilities. Launderers are attracted to this industry because in some countries they are not as heavily regulated as traditional financial institutions. In addition, customers of these businesses are often occasional, which makes it more difficult for these businesses to "know their customer". They are also called casas de cambio or exchange offices.