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A Detroit bank was fined for currency violations.

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National Bank of Detroit agreed to pay a $168,000 fine to the Treasury Department for failing to report 764 currency transactions worth $10,000 or more each. The violations of the Bank Secrecy Act, which seeks to detect the laundering of money associated with illegal activities, occurred between 1980 and this year, the Treasury said. Earlier in the week, Seafirst Bank of Seattle was fined $697,000 for similar offenses.

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