US Treasury Alleges Money Laundering by Mexican Banks, Mexico Responds

On June 25, 2025, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued a formal alert against three Mexican banks: Vector Casa de Bolsa, CiBanco, and Intercam. The alert accuses these institutions of facilitating financial movements linked to money laundering for four Mexican criminal organizations, including the Jalisco New Generation Cartel (CJNG). Specifically, Vector Casa de Bolsa is accused of facilitating over $40 million USD, CiBanco over $2.1 million USD, and Intercam over $1.5 million USD. These funds were allegedly used for purchasing chemical precursors for narcotics production in Mexico. The U.S. government indicates these operations were either conscious acts or a result of gross negligence by the banks. In response, the Mexican Secretary of Hacienda and Public Credit (SHCP) stated that, as of now, the U.S. government has not presented concrete evidence to support these claims, and no judicial evidence of money laundering exists in Mexico or the United States related to these banks. However, SHCP confirmed ongoing domestic investigations into "minor irregularities" within these institutions. While current account operations within Mexico remain unaffected, the U.S. sanctions prohibit American banks from conducting business with the accused Mexican banks, potentially impacting international transfers, payments, and foreign investments. Experts warn that if the situation escalates, these restrictions could be replicated globally, potentially affecting individual account holders.

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¿Tu dinero está en estos bancos? EEUU vigila

¿Tu dinero está seguro? Estados Unidos puso bajo la lupa a bancos mexicanos, lo que podría tener ciertas limitaciones.