Currency Exchange International, Corp. Announces Exchange Bank of Canada Appeal of FINTRAC’s Penalty

TORONTO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. (“Currency Exchange” or the “Company”) (TSX:CXI) (OTCPK:CURN) today announced that Exchange Bank of Canada (“EBC” or “the Bank”) , a federally chartered Canadian Schedule 1 bank and a 100% wholly owned subsidiary of the Company, has filed a notice of appeal with the Federal Court of Canada in relation to the Financial Transactions and Reports Analysis Centre of Canada’s (FINTRAC) notice of administrative monetary penalties of $2.46 million involving the Bank.

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