Establishes a $5 fee for international wire transfers in South Carolina, with proceeds going to the SLED.
The bill amends the South Carolina Code to require institutions providing wire transfer services to charge a $5 fee for each international wire transfer. The collected fees must be remitted to the South Carolina Law Enforcement Division. This act would take effect upon approval by the Governor.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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