List of US State Financial Regulators

US State Financial Regulators

1. Alabama Money Transmitter License
   Department: Alabama Securities Commission
   Website: http://www.asc.state.al.us/
   Link for Money Transmission
2. Alaska Money Transmitter License
   Department: Department of Commerce, Community, and Economic Development
   Website:  https://www.commerce.alaska.gov/web/
   Link for Money Services Businesses
3. Arizona Money Transmitter License
   Department: Arizona Department of Financial Institutions
   Website: http://www.azdfi.gov/
   Link for Money Transmitters
4. Arkansas Money Transmitter License
   Department: Arkansas Securities Department
   Website: http://www.securities.arkansas.gov/
   Link for Money Services
5. California Money Transmitter License
   Department: California Department of Business Oversight
   Website: http://www.dbo.ca.gov/
   Link for Money Transmitters
6. Colorado Money Transmitter License
   Department: Department of Regulatory Agencies
   Website: https://www.colorado.gov/dora/division-banking
   Link for Money Transmitters
7. Connecticut Money Transmitter License
   Department: Connecticut Department of Banking
   Website: http://www.ct.gov/dob/site/
   Link for Money Transmitter Licensing
8. Delaware Money Transmitter License
   Department: Office of the State Bank Commissioner
   Website: http://banking.delaware.gov/
   Link for Sale of Checks and Transmission of Money Licenses
9. Florida Money Transmitter License
   Department: Florida Office of Financial Regulation
   Website: http://www.flofr.com/
   Link for Money Transmitters
10. Georgia Money Transmitter License
    Department: Department of Banking & Finance
    Website: http://dbf.georgia.gov/
    Link for Money Transmitters
11. Hawaii Money Transmitter License
    Department: Department of Commerce & Consumer Affairs: Financial Institutions
    Website: http://cca.hawaii.gov/dfi/
    Link for Money Transmitters
12. Idaho Money Transmitter License
    Department: Department of Finance
    Website: http://www.finance.idaho.gov/
    Link on Money Transmitters
13. Illinois Money Transmitter License
    Department: Illinois Department of Financial & Professional Regulation
    Website: http://www.idfpr.com/
    Link for Money Transmitters
14. Indiana Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://www.in.gov/dfi/
    Link for Consumer Credit Licensing (all licensing is via NMLS)
15. Iowa Money Transmitter License
    Department: Iowa Division of Banking
    Website: http://www.idob.state.ia.us/
    Link to NMLS for Licensing
16. Kansas Money Transmitter License
    Department: Office of the State Bank Commissioner
    Website: http://www.osbckansas.org/
    Link for Money Transmitter Application Forms (and other links)
17. Kentucky Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://kfi.ky.gov/
    Link for Money Transmitters
18. Louisiana Money Transmitter License
    Department: Office of Financial Institutions
    Website: http://www.ofi.state.la.us/
    Link for Money Transmitters
19. Maine Money Transmitter License
    Department: Department of Professional & Financial Regulation: Bureau of Consumer Credit Protection
    Website: http://www.maine.gov/pfr/consumercredit/
    Link for Money Transmitters
20. Maryland Money Transmitter License
    Department: Department of Labor, Licensing & Regulation
    Website: http://www.dllr.state.md.us/
    Link for Money Transmitters
21. Massachusetts Money Transmitter License
    Department: Consumer Affairs & Business Regulation: Division of Banks
    Website: http://www.mass.gov/ocabr/government/oca-agencies/dob-lp/
    Link for Money Transmitters
22. Michigan Money Transmitter License
    Department: Department of Licensing & Regulatory Affairs
    Website: http://www.michigan.gov/lara
    Link for Money Transmission Services
23. Minnesota Money Transmitter License
    Department: Department of Commerce
    Website: http://mn.gov/commerce/
    Link for Money Transmission
24. Mississippi Money Transmitter License
    Department: Mississippi Department of Banking & Consumer Finance
    Website: https://www.dbcf.ms.gov/
    Link for Money Transmitter
25. Missouri Money Transmitter License
    Department: Division of Finance
    Website: http://finance.mo.gov/
26. Montana Money Transmitter License
    Department: Division of Banking & Financial Institutions
    Website: http://banking.mt.gov/
27. Nebraska Money Transmitter License
    Department: Department of Banking & Finance
    Website: http://www.ndbf.ne.gov/
28. Nevada Money Transmitter License
    Department: Department of Business & Industry: Division of Financial Institutions
    Website: http://www.fid.state.nv.us/
    Link for Money Transmitters
29. New Hampshire Money Transmitter License
    Department: Banking Department
    Website: http://www.nh.gov/banking/
30. New Jersey Money Transmitter License
    Department: Department of Banking & Insurance
    Website: http://www.state.nj.us/dobi/
    Link for Money Transmitters
31. New Mexico Money Transmitter License
    Department: New Mexico Regulation & Licensing Department
    Website: http://www.rld.state.nm.us/
32. New York Money Transmitter License
    Department: Department of Financial Services
    Website: http://www.dfs.ny.gov/
    Link for Money Transmitters
33. North Carolina Money Transmitter License
    Department: Commissioner of Banks
    Website: http://www.nccob.gov/public/
34. North Dakota Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://www.nd.gov/dfi/
35. Ohio Money Transmitter License
    Department: Department of Commerce
    Website: http://www.com.state.oh.us/
36. Oklahoma Money Transmitter License
    Department: Banking Department
    Website: http://www.ok.gov/banking/
37. Oregon Money Transmitter License
    Department: Division of Financial Regulation
    Website: http://www.cbs.state.or.us/external/dfcs/
38. Pennsylvania Money Transmitter License
    Department: Department of Banking & Securities
    Website: http://www.dobs.pa.gov/
39. Rhode Island Money Transmitter License
    Department: Department of Business Regulation
    Website: http://www.dbr.state.ri.us/
40. South Carolina Money Transmitter License
    Department: State Board of Financial Institutions: Consumer Finance Division
    Website: http://www.consumerfinance.sc.gov/
41. South Dakota Money Transmitter License
    Department: Department of Labor & Regulation
    Website: http://dlr.sd.gov/banking/
42. Tennessee Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://www.tennessee.gov/tdfi/
43. Texas Money Transmitter License
    Department: Department of Banking
    Website: http://www.dob.texas.gov/
    Link for Money Services Businesses
44. Utah Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://dfi.utah.gov/
45. Vermont Money Transmitter License
    Department: Department of Financial Regulation
    Website: http://www.dfr.vermont.gov/
46. Virginia Money Transmitter License
    Department: State Corporation Commission
    Website: http://www.scc.virginia.gov/
47. Washington Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://www.dfi.wa.gov/
48. West Virginia Money Transmitter License
    Department: Division of Financial Institutions
    Website: http://www.dfi.wv.gov/
49. Wisconsin Money Transmitter License
    Department: Department of Financial Institutions
    Website: http://www.wdfi.org/
50. Wyoming Money Transmitter License
    Department: Division of Banking
    Website: http://wyomingbankingdivision.wyo.gov/

Other US Territories: Money Transmitter License

1. District of Columbia Money Transmitter License
   Department: Department of Insurance, Securities & Banking
   Website: http://disb.dc.gov/
   Link for Money Transmitters
2. Puerto Rico Money Transmitter License
   Department: Commissioner of Financial Institutions of Puerto Rico
   Website: http://www.ocif.pr.gov/
   Link for New Application Checklist on NMLS for Puerto Rico (PDF)
3. Guam Money Transmitter License
   Department: Guam Department of Revenue and Taxation
   Website: https://www.guamtax.com/about/regulatory.html
4. U.S. Virgin Islands Money Transmitter License
   Department: Office of the Lieutenant Governor – Division of Banking, Insurance & Financial Regulation
   Website: https://ltg.gov.vi/departments/banking-insurance-and-financial-regulation/
5. Northern Mariana Islands Money Transmitter License
   Department: CNMI Department of Commerce
   Website: http://commerce.gov.mp/

The nomenclature and links for the regulators that service Money Services Businesses keeps on changing.

Other Relevant Links for Money Transmitter License

1. Department of Treasury: Financial Crimes Enforcement Network (FinCEN)
   Important Information for MSBs
   Website: https://www.fincen.gov/resources/financial-institutions/money-services-businesses
2. NMLS Resource Center
   Website: https://nationwidelicensingsystem.org/

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This page was last updated on June 1, 2023.

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