of course the official justification is about preventing money laundering.
Haha. One does not launder money by taking it out of the bank in cash. One must put it into the bank to launder it.
Supposedly, currency in the banking system is not laundered; otherwise the government would just shutdown all of the banks to prevent currency laundering.
The most clean way to launder one's currency is through a bank.
That is the point of laundering currency is to get into the banking system; not take it out.
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