Faisal KhanAnswered Jul 2, 2015Here is a graph that would give you an idea of how money is split. This is assuming that introduction parties are not involved in the picture.
What revenue layers exist between a U.S. institution holding an MSB license and the end customer?
Faisal KhanAnswered Jul 2, 2015What type of license is required if acting as an intermediary in an FX transaction between two parties?1 ansDo we need to be licensed in any capacity, such as a money transmitter?1 ansIs a money transmitter license required for the operation of closed-loop cards in the United States?1 ansCan we work under a Trust’s Money Transmitter License?1 ans