Tourists aren't allowed to open accounts without residency.
Usual story globally, but it's abused here in South East Asia.
More to do with AML and human trafficking than anything else
Tourists aren't allowed to open accounts without residency.
Usual story globally, but it's abused here in South East Asia.
More to do with AML and human trafficking than anything else
The abuses come from foreign influences buying power. Centralizing that corrupt power is at the expense of the individual while rolling out the red carpet for more abusive foreign influence. lt won't stop human trafficking. It might even expand it