§ 33.4308 — Regulations

§33.4308 Regulations

(a) All Money Exchange Houses shall be open to police inspection during all hours of operations. (b) The business shall be carried on only in the building designated in the permit. (c) The permit or a copy thereof, certified by the issuing authority, shall be displayed on the premises where it can be easily read. (d) All advertising and signs concerning the rate of exchange must include any and all commissions or fees charged by the business establishment. All interior signs concerning rates and commission must be posted at a height of five feet (5’) with print size no less than two–thirds (2/3) as large as the largest number or letter modified. All interior and exterior signs shall reflect the true net rate of exchange and both the buy and sell rate of exchange. There can be no hidden charges to any customer. (e) All exterior signs must comply with existing City of San Diego sign ordinances and must be properly permitted. (f) All transactions or exchanges must be recorded on forms approved by the Chief of Police. The form will be pre–printed and consist of an original and two copies. The original must be given to the customer, one (1) copy retained by the Money Exchange House for three (3) months and a copy mailed to the Chief of Police on a weekly basis. The form must contain the following information: (1) Name, address, and phone number of business; (2) Date and time of transaction; (3) Total amount of money exchanged; (4) A complete summary of the exchange by denomination received and paid out; (5) Rate of exchange at the time of transaction.

(Amended 5–22–1989 by O–17302 N.S.)