What does it mean to “lease” a license and what services does your company (Faisal Khan & Co) provide for the fee you charge?

As it has already been pointed out to you (in the proposals you may have received and various YouTube videos), there are many avenues of approach when it comes to getting a license for your money transfer business project.

You can:

  • apply for your own new license
  • you could buy a company that already has a license
  • you could become a registered agent of a company that has a license,
  • or you could let the company sponsor your project under their license.

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This page was last updated on February 6, 2023.

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Related posts:

  1. What does it mean to “lease” a license and what services does your company (Faisal Khan & Co) provide for the fee you charge?
  2. Out of the referral fee (€ 28,000) and non-refundable application fee (€ 1,500), what is the monthly or yearly service charge from the license holder?
  3. Since your company only contacts, arranges, and opens the door to negotiate; is it possible to negotiate with the company willing to work with our company? What happens if an agreement is not reached on the issue of prices or for any other issue? Is the payment for your services reimbursed 100%?
  4. What does it mean to sponsor under their license?
  5. What does it mean to acquire a Money Transmitter License (sponsorship)?
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