The central bank is adding customer due diligence and enhanced due diligence checks when opening deposit accounts, aimed at mule accounts and grey money. It is also preparing tighter rules on money transfers through merchants, with regulations expected in the Royal Gazette next week. If your business takes payments through merchant transfers or banks many personal accounts for customers, expect more documentation requests and possible delays at the bank. Review your account-opening paperwork and make sure the business's owner and beneficiary details are current and ready to provide.