FAQ · Fee PricingQ-54820381 min read

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?

The question in full

This article details referral, application, and recurring service fees charged by sponsoring institutions for US money transmitter licenses, including typical deposits.

Answer

Sponsoring institutions typically charge:

One-time Fee: € 15,000 (low),

Monthly Recurring Fee: Low: € 3,000, Median: € 7,000, High: € 10,000

Deposit: Most sponsoring institutions look at deposits (to cover expenses, etc.) starting at € 25,000.

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?

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