OFFICIAL STATEMENT
Following the recent publications issued by FINCEN, part of the U.S. department of treasury,
which names Intercam Banco and two other Mexico-based financial institutions as a source of
concern regarding potential money laundering, Intercam categorically deny any association
between this institution and any illicit activity-particularly money laundering and reiterate our
firm commitment to transparency and legality.
Intercam Banco, for nearly 30 years, has operated in full compliance with all regulations
established by national and international authorities, and in adherence to the principles of
anti-money laundering (AML) and counter-terrorism financing (CTF).
Intercam continues to operate normally and will continue supporting its clients, as we always
have. We also remind our clients that their deposits are protected by the IPAB (Instituto para la
Proctección al Ahorro Bancario), and that investment instruments are safeguarded by
INDEVAL (Instituto para el Depósito de Valores).
The statement issued by the U.S. Department of the Treasury explicitly excludes Intercam´s
U.S. - based subsidiaries.
We will remain in constant communication with the Ministry of Finance and Public Credit
(SHCP), the bank of Mexico, and the National Banking and Securities Commissions (CNBV).
The SHCP has stated that, as of today, it has no information in this regard:
Intercam Banco reiterates its categorical rejection of any allegations made against the
institution concerning money laundering.
Please be informed that Intercam is not able to send and receive wire transfers in any currency
to any of its U.S. or Canada - based subsidiaries, no personal checks from any country or cash
in any currency.
Sending funds to your bank account will have to be in Mexican Pesos, present the information
provided to your institution from your country or origin. If in case your institution will not allow
you to send pesos. We suggest finding an alternative way to send pesos whether is thru a
platform.
So it looks like a cash and carry holiday for this year until this mess gets sorted out.
Message Thread | This response ↓ Intercam - ErinS July 24, 2025, 2:36 pm
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