Countries

United States

554 questions
What is Remittance-as-a-Service (RaaS)? Dec 2, 2020 Money Transfer Business and MTOs Is it legal in the US for a business to issue its own internal currency for purchases? Dec 1, 2020 US Money Transmitter Licensing and MSB Registration What’s the fastest way to send money to the Philippines besides Western Union, MoneyGram, and Xoom? Jul 8, 2020 Sending and Receiving Money Abroad What role do US banks play in international money transfers? Jul 7, 2020 Correspondent Banking, Nostro and Vostro, and Settlement If I receive money in the US on behalf of someone else to make an online purchase for them (they live outside the US), am I considered a money transmitter? Jun 6, 2020 US Money Transmitter Licensing and MSB Registration How are US money transmitters surviving “de-risking” (loss of banking relationships), and what workarounds do they use? Jun 6, 2020 Sponsor Banks, FBO Accounts and Banking Access for Fintechs and MSBs Can a fintech startup legally rent a money transmitter license? Jun 5, 2020 Licensing Strategy, Sponsorship and Agent Models Can you recommend law firms that specialize in US payments and money transmission regulation? May 6, 2020 US Money Transmitter Licensing and MSB Registration Why is Bank of America’s ACH transfer process so slow? Mar 5, 2020 Domestic Payment Rails, National Switches and Clearing Systems Can someone split $1B across multiple FDIC-insured banks and live off the interest legally? Feb 8, 2020 Wealth Management, Private Banking and Family Offices How can a non-resident obtain a high-risk merchant account in the US? Feb 8, 2020 Merchant Accounts, Processors and Gateways Do US authorities monitor PayPal transactions for illegal activity? Feb 8, 2020 AML Programs, KYC and Compliance Operations Can I transfer $20,000 from the US to Australia without triggering compliance flags? Feb 1, 2020 International Wire Transfers and Large Transfers Are money transfers like Western Union taxed by the US government? Feb 1, 2020 Tax and Financial Reporting Is it risky to keep all your money in a single bank? Jan 10, 2020 Personal and Consumer Finance, Budgeting and Saving Is there any way to create a PayPal account for a minor? Jan 8, 2020 Digital Wallets, Mobile Money and P2P Payments Can someone open a US bank account from Nepal? Jan 7, 2020 Opening Bank Accounts, Personal and Business How can someone legally bring a $2 million inheritance into the US? Jan 4, 2020 Sending and Receiving Money Abroad How do you obtain licensing and banking for a US-to-Kenya remittance app? Nov 9, 2019 US Money Transmitter Licensing and MSB Registration If someone in the US sends crypto abroad, the recipient sells it, and sends fiat proceeds back—are there legal or compliance risks? Nov 1, 2019 US Money Transmitter Licensing and MSB Registration If I can receive international client payments directly to my bank, why would I use Payoneer? Oct 11, 2019 Freelancers, Side Hustles and Getting Paid Online Is it legal for banks to block or limit transfers to cryptocurrency exchanges? Oct 1, 2019 Sponsor Banks, FBO Accounts and Banking Access for Fintechs and MSBs Why must non-US transactions often clear through US banks? Sep 9, 2019 Correspondent Banking, Nostro and Vostro, and Settlement If I collect money from people and send it using a licensed money transmitter’s app, is that legal in the US—and can I charge a fee for doing it? Sep 9, 2019 US Money Transmitter Licensing and MSB Registration Do you need a money transmitter license in New Jersey to operate a Bitcoin ATM business, and why? Sep 8, 2019 US Money Transmitter Licensing and MSB Registration What are the costs associated with surety bonds for US money transmitter licenses? Sep 5, 2019 US Money Transmitter Licensing and MSB Registration How long does it take to obtain money transmitter licenses nationwide in the US? Sep 5, 2019 US Money Transmitter Licensing and MSB Registration Can non-US institutions sponsor US crypto businesses legally? Sep 4, 2019 Licensing Strategy, Sponsorship and Agent Models Is the era of the US dollar ending, and could oil/gold be priced in another currency like EUR or JPY? Sep 4, 2019 Geopolitics of Money and the International Monetary System How difficult is licensing for crypto exchanges in the US? Sep 1, 2019 Crypto and VASP Licensing How can a cash-strapped startup obtain US money transmitter licenses? Sep 1, 2019 Licensing Strategy, Sponsorship and Agent Models Do international fintech startups need US money transmitter licenses? Sep 1, 2019 US Money Transmitter Licensing and MSB Registration How much more or less expensive is international money transfer using Bitcoin compared to traditional banking? Aug 8, 2019 Sending and Receiving Money Abroad What did the United States attempt to buy for $100 million in 1946? Aug 5, 2019 History of Money, Banking and Finance How much US currency physically exists, and what percentage of US money is only digital (bank ledger entries)? Jul 6, 2019 Economics, Inflation and Monetary Policy Is there a network or consortium for small licensed money transmitters in the US? Jun 9, 2019 US Money Transmitter Licensing and MSB Registration Can non-residents open US bank accounts? Jun 8, 2019 Opening Bank Accounts, Personal and Business What are the key differences between ACH payments and CHIPS transfers? May 6, 2019 Domestic Payment Rails, National Switches and Clearing Systems Is it possible to identify which banks do business with gun manufacturers/dealers (for boycott purposes)? Apr 2, 2019 Sustainable, Ethical and ESG Finance Who are market makers on Ripple, and are they considered money transmitters requiring licenses? Mar 1, 2019 US Money Transmitter Licensing and MSB Registration Why isn’t an escrow model like LocalBitcoins typically treated as a money transmitter/MSB in many US states? Mar 1, 2019 US Money Transmitter Licensing and MSB Registration Will the Pakistani rupee strengthen against the USD under the government led by Imran Khan? Feb 8, 2019 FX Rates, Spreads and Currency Markets Is Ripple classified as a money transmitter under FinCEN regulations? Feb 2, 2019 US Money Transmitter Licensing and MSB Registration Why are US banks closed during hours when it’s most convenient for many customers (evenings/weekends), and how does that make business sense? Feb 1, 2019 How Banks Work What payment gateway options exist besides PayPal for receiving funds from the US into Pakistan? Jan 11, 2019 Freelancers, Side Hustles and Getting Paid Online Is Bitcoin protected by FDIC insurance? Dec 11, 2018 Bitcoin and Cryptocurrency Basics Can I verify a second PayPal account using the same Payoneer US bank details as my first account? Dec 9, 2018 Freelancers, Side Hustles and Getting Paid Online What would be the process for imposing a tax on remittances sent from the United States? Dec 8, 2018 Tax and Financial Reporting How long does a domestic wire from Union Bank (a US community bank) typically take to show up in a Chase account? Dec 5, 2018 Domestic Payment Rails, National Switches and Clearing Systems If Ripple is a first mover in bank-based international transfers, how can competitors survive? Nov 7, 2018 Business Strategy, Case Studies and Lessons Learned