Money Transmitter License

Faisal Khan LLC Banking Payments Cryptocurrency Fintech Blockchain Compliance

Can a money transfer agent location be opened in a consulate or an embassy?

The answer is no. When we look at making a consulate or an embassy, as a money-transfer agent location, you have to understand that the consulate or the embassy itself is not US Territory (assuming this question was being asked of the US) in fact this can be applied to any other licensed jurisdiction. With …

Can a money transfer agent location be opened in a consulate or an embassy? Read More »

Faisal Khan LLC Banking Payments Cryptocurrency Fintech Blockchain Compliance

Montana does not require a money transmitter license, if I register a company there, am I exempt from money transmitter licenses?

You may be exempt from money transmitter licenses only in the state of Montana. Because you have an exemption in the state of Montana, does not mean that you can offer your financial services nationwide. The exemption is only valid for the state of Montana and Montana alone. This means that the transaction must originate …

Montana does not require a money transmitter license, if I register a company there, am I exempt from money transmitter licenses? Read More »

Money Transfer Operator License Coverage Consulting Fees - Faisal Khan and Company

Money Transfer Operator License Coverage Consulting Fees

Referral Fees for Money Transfer License Coverage The following are our professional consulting fees for each territory for regulatory (license) coverage: All costs above are one-time (unless otherwise stated). Depending on the institution, the time-frame to establish such a relationship can be one (1) week (minimum) to twelve (12) weeks. On average it takes about …

Money Transfer Operator License Coverage Consulting Fees Read More »

Scroll to Top