How do I start a money transfer business

FinCEN MSB Definition for Transactions Under $1000 Per Person Per Day

If you do transactions less than $1000 per day per person, as per FinCEN’s definition, you are NOT an MSB. Is that really the case? If you are below this threshold per person per day, are you NOT a Money Services Business? Really? The FinCEN MSB Definition is provided at: https://www.fincen.gov/money-services-business-definition. Transcript: Hello. My name …

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Are You A Small Money Transfer Operator? 12 Questions You Need To Ask Yourself.

Are you a small licensed money transfer operator? Are you struggling for business and thinking the end is near. Well, I want you to take some time out and think along these 12 Questions I have for you. Go through this video and then see if the description and the circumstances fit you. If they …

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