Home Learn Knowledge-Hub: FAQ FAQ: Licensing How long will the money transmitter license coverage be provided for? How long will the money transmitter license coverage be provided for? The minimum contract period is for one year (12 months). Suggested Video(s) [08] Can I Rent Or Lease A Money Transmitter License —This page was last updated on February 9, 2023.– Related posts: If we opt for API only, will KYC/AML service continue to be provided by the PLH? Please confirm. Is a payout partner provided only in the case of a white-labeled offering? As the Operator Led participant, we can open an EUR IBAN account for processing transactions (which means we can access/install a payment application (provided by the EMI holder) for sending/tracking transactions). So when a customer agrees to use our service, they will send EUR to our IBAN account, is it correct? On your website, it is mentioned, “e-Wallet solution (stored Value)- does not imply that a software wallet is provided. That is optional and comes under iOS & Android App or White-Label Website”. Can you please provide more details on this? Is an API provided for? Share with others...