Topic

Money Services Business (MSB)

93 questions
What type of license is required if acting as an intermediary in an FX transaction between two parties? Dec 18, 2025 US Money Transmitter Licensing and MSB Registration Does MSB in Montana has the same value as MSB in Canada? Jun 20, 2025 US Money Transmitter Licensing and MSB Registration What are MTL Bonding and Financial Requirements? Feb 19, 2025 US Money Transmitter Licensing and MSB Registration Do we need to be licensed in any capacity, such as a money transmitter? Jan 30, 2024 US Money Transmitter Licensing and MSB Registration Is a money transmitter license required for the operation of closed-loop cards in the United States? Jan 29, 2024 US Money Transmitter Licensing and MSB Registration What are the costs involved in registering as an MSB or money transmitter in the United States? Jan 2, 2024 US Money Transmitter Licensing and MSB Registration If you're a billing aggregator and you're simply providing billing information but not handling the payments, are you considered a money services business? Dec 10, 2023 US Money Transmitter Licensing and MSB Registration Can a company registered in Barbados as a licensed MSB operate (send/receive money) from/in Florida? Feb 16, 2023 US Money Transmitter Licensing and MSB Registration Can we work under a Trust’s Money Transmitter License? Feb 15, 2023 US Money Transmitter Licensing and MSB Registration What are the eligibility requirements for a money transmitter license, and must a company actually hold customer funds? Feb 11, 2023 US Money Transmitter Licensing and MSB Registration Can trust companies provide money transmitter license coverage? Jan 10, 2022 US Money Transmitter Licensing and MSB Registration What does it cost to register with FinCEN? May 6, 2021 US Money Transmitter Licensing and MSB Registration Does accepting cryptocurrency as payment classify a US company as an MSB under FinCEN? May 2, 2021 US Money Transmitter Licensing and MSB Registration Is wiring money illegal under any circumstances? Mar 2, 2021 US Money Transmitter Licensing and MSB Registration 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 Do I need a money transmitter license if my platform collects customer payments and distributes proceeds to vendors? Nov 4, 2020 US Money Transmitter Licensing and MSB Registration Do FinCEN-registered businesses still need state money transmitter licenses? Jun 10, 2020 US Money Transmitter Licensing and MSB Registration Do I need a money transmitter license if I collect money on behalf of someone in another country (e.g., Ghana) and pay them out monthly to reduce micro-transaction fees? Jun 6, 2020 US Money Transmitter Licensing and MSB Registration 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 What regulations would apply to a peer-to-peer money transfer platform (like a TransferWise/Wise matching model) if the platform never touches customer funds and only matches users? Jun 6, 2020 US Money Transmitter Licensing and MSB Registration Can you recommend law firms that specialize in US payments and money transmission regulation? May 6, 2020 US Money Transmitter Licensing and MSB Registration 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 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 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 foreign banks provide money transmitter coverage inside the US? Sep 3, 2019 US Money Transmitter Licensing and MSB Registration Does a startup need a money transmitter license to offer a closed-loop gift card system for SMBs? Aug 1, 2019 US Money Transmitter Licensing and MSB Registration Does a money transmitter need to notify state regulators when forming an agreement with another transmitter, or can MTOs enter/exit partnerships freely? Jul 8, 2019 US Money Transmitter Licensing and MSB Registration Is there a network or consortium for small licensed money transmitters in the US? Jun 9, 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 Is Ripple classified as a money transmitter under FinCEN regulations? Feb 2, 2019 US Money Transmitter Licensing and MSB Registration Could an app that enables users to exchange currencies with each other (so they become their own “money transmitters”) be disruptive for international remittances? Aug 10, 2018 US Money Transmitter Licensing and MSB Registration If a money services business is exempt from state money transmitter licensing, is FinCEN registration alone sufficient, or do they still need state licenses? Aug 6, 2018 US Money Transmitter Licensing and MSB Registration Are payroll service providers considered money transmitters/MSBs—and if not, why not? Aug 6, 2018 US Money Transmitter Licensing and MSB Registration Will Ripple face serious regulatory risks (as of 2018)? May 6, 2018 US Money Transmitter Licensing and MSB Registration Is it illegal in the US to offer remittances using cryptocurrency, and can crypto remittance services avoid the fees that regulated remittance providers pay? May 6, 2018 US Money Transmitter Licensing and MSB Registration Is Circle Pay a licensed money remittance company? Apr 1, 2018 US Money Transmitter Licensing and MSB Registration Do gift card companies need a FinCEN money transmitter license for reloadable cards funded with cash? Aug 7, 2016 US Money Transmitter Licensing and MSB Registration What legal steps and requirements are needed to build a PayPal-like service in the U.S. and globally? Jul 1, 2016 US Money Transmitter Licensing and MSB Registration What impact will FinCEN regulation have on virtual-currency payment systems being treated as money transmitters? Apr 10, 2016 US Money Transmitter Licensing and MSB Registration What legal and technical requirements are needed to launch a crowdfunding platform in the U.S.? Mar 9, 2016 US Money Transmitter Licensing and MSB Registration How can a business identify the legal process required to obtain a money transfer license? Mar 6, 2016 US Money Transmitter Licensing and MSB Registration Which consulting firms specialize in helping companies obtain U.S. money transmitter and MSB licenses? Feb 3, 2016 US Money Transmitter Licensing and MSB Registration Does a marketplace-style business need a money-transmitter license? Jan 7, 2016 US Money Transmitter Licensing and MSB Registration What is required to safely store other people’s money? Jan 6, 2016 US Money Transmitter Licensing and MSB Registration What laws and regulations apply to Bitcoin businesses operating in the United States? Jan 1, 2016 US Money Transmitter Licensing and MSB Registration Would Qiwi be treated as a money-transfer service under U.S. regulations? Oct 8, 2015 US Money Transmitter Licensing and MSB Registration What regulations must be followed when starting a payments business that uses ACH? Sep 11, 2015 US Money Transmitter Licensing and MSB Registration Which regulations apply when starting a money handling or money transfer business in the US? Sep 11, 2015 US Money Transmitter Licensing and MSB Registration If we build a ticketing platform like Eventbrite that rewards users for sharing sales, do we need an MSB license? Jul 9, 2015 US Money Transmitter Licensing and MSB Registration If I beta-launch a marketplace that holds funds in escrow or for 24–48 hours, would I need a money-transmitter license? Jul 9, 2015 US Money Transmitter Licensing and MSB Registration