You may be exempt from money transmitter licenses only in the state of Montana. Because you have an exemption in the state of Montana, does not mean that you can offer your financial services nationwide. The exemption is only valid for the state of Montana and Montana alone. This means that the transaction must originate …
The How To Start A Money Transfer Business Playlist: How to Start a Money Transfer Business
Money Transfer Operators as a worldwide collective network of cash payout points? Possible in this day and age of digital apps?
If you are a small or a medium money transfer company in the US and is looking to pre-fund in Nigeria with a ‘better’ Naira rate than the official rate. You should then watch this video till the end.
If you are wanting to start a money transfer business from USA to Nigeria, then you might want to watch this video.
Startups and would-be entrepreneurs mistakenly think that if they get a license in one state in the United States, they can do business everywhere within the US. They also mistakenly think that if they are incorporated in Montana and get a license there, they are also good to go with regards to money transmitter license …
Single State License In the United States – What Can You Do With It? Read More »
Dear Money Transfer Operator, I hope you are faring well in these unsafe times and you and your family & loved ones are safe and healthy. First of all, I want to thank you for your continued patience. Just to bring you up to speed, my colleagues and I have been in contact with literally …
Open letter to small & medium money transfer operators Read More »
