A person engaged in the business of transmitting money by wire to a location outside the United States of America shall post a sign in a conspicuous location on the premises where such transactions occur. The sign shall be in English, Spanish and Polish, in capital letters of no less than 18 point type, and shall state as follows:
In Addition To The Fees Applicable To This Transaction, A Currency Conversion Rate Will Be Applied To This Transaction If This Transaction Is Paid Out In A Currency Other Than United States Dollars. This Currency Rate Constantly Changes. Please Ask The Clerk For Information Concerning Fees And The Currency Exchange Rate Applicable To This Transaction.
Any person who violates this section shall be subject to a fine of not less than $100.00 and not more than $500.00, for each offense, or incarceration of not less than ten days and not more than 30 days for each offense, or both a fine and incarceration. Each day that a violation continues shall constitute a separate and distinct offense. Nothing in this section shall apply to a bank or trust company that is organized under state, federal or foreign law or to any affiliate thereof.
(Added Coun. J. 5-20-98, p. 68166)