Section 9(1)(b) in Prevention of Money-Laundering (Maintenance of Records) Rules, 2005

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Union of India - Subsection

Section 9(1)(b) in Prevention of Money-Laundering (Maintenance of Records) Rules, 2005

(b)in all other cases, verify identity while carrying out-

(i)transaction of an amount equal to or exceeding rupees fifty thousand, whether conducted as a single transaction or several transactions that appear to be connected, or

(ii)any international money transfer operations.]

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Union of India - Subsection

Section 9(1)(b) in Prevention of Money-Laundering (Maintenance of Records) Rules, 2005