Statutes > Alaska Statutes > Title 06 - BANKS AND FINANCIAL INSTITUTIONS > Chapter 06.05. - ALASKA BANKING CODE > Article 02 - BANKING PRACTICES > Sec. 06.05.160. - Transmitting money and foreign exchange.

Sec. 06.05.160. - Transmitting money and foreign exchange.

A bank may accept for transmission and transmit money, and may buy and sell foreign exchange to the extent necessary to meet the reasonably anticipated needs of customers.