One Thousand Dollar Rule: This refers to the requirement in the Open Loop AML Exemption of the FinCEN Regulation that the value on Prepaid Access Devices not exceed $1,000 in any 24 hour period.
One Thousand Dollar Rule: This refers to the requirement in the Open Loop AML Exemption of the FinCEN Regulation that the value on Prepaid Access Devices not exceed $1,000 in any 24 hour period.