Do you find yourself switching off when your Accountant starts talking about transfers, money laundering, and red flags?
Avanti Accountants aim to speak with our clients in plain English, ensuring that when it comes to your accounts you’re switched on.
This week we are asking, what is a domestic transfer?
A domestic transfer is where money is transferred from one account to another, if this was doe outside of the UK it would be an international transfer.
Beware -Making a large number of domestic transfers could be viewed as suspicious.