Thread Options
#2257080 - 07/22/21 07:28 PM Banking Businesses who sell Hemp products?
rescue me Offline
100 Club
rescue me
Joined: Feb 2007
Posts: 102
Does anyone bank businesses who sell hemp products like CBD oil? Do you require any specific documentation from them stating the products are 0.3 percent or less and/or require a state inspection notice from the Food and Safety Department?

Return to Top
BSA/AML/CIP/OFAC Forum
#2257083 - 07/22/21 08:18 PM Re: Banking Businesses who sell Hemp products? rescue me
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 77,568
Galveston, TX
You might want to narrow down the State you are in. All State CBD laws are different.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top
#2257100 - 07/23/21 01:16 PM Re: Banking Businesses who sell Hemp products? rlcarey
rescue me Offline
100 Club
rescue me
Joined: Feb 2007
Posts: 102
Thank you. Ohio

Return to Top

Moderator:  Andy_Z