Understanding the Licensing Process We are committed to assisting individuals and entities in navigating through the intricacies of the licensing process. This document provides an overview of the licensing services offered by our company and the preliminary evaluation necessary for…
If you are engaged in any of the following activities, you are essentially classified as a money services business and as such, you need to be licensed as a money transmitter in each respective state that you are doing business:
Wisconsin Money Transmitter License Overview Wisconsin Money Transmitter License License The Wisconsin Department of Financial Institutions issues a license referred to as Seller of Checks License. This license is required for companies that engage in business as a seller of checks.…
Money Transmitter License West Virginia Who Controls the West Virginia Money Transmitter License? The West Virginia Division of Financial Services issues a Money Transmitter license to entities involved in the business of currency exchange, transmission or transportation of money. Activities…
Virginia Money Transmitter License Overview Do You Need a Money Transmitter License in Virginia? Are you planning to start a money transfer business in Virginia? Wondering whether you need a money transmitter license or not? Well, you do. Money transmission…
Vermont Money Transmitter License Overview Vermont Money Transmitter License Regulator The money transmitter license for Vermont is regulated by the Vermont Department of Financial Regulation. Who Should Apply for a Money Transmitter License in Vermont? Any company or person who…
Utah Money Transmitter License Overview Who Regulates the Money Transmitter License in Utah? The regulator that governs the money transmitter license in Utah is the Utah Department of Financial Institutions (DFI). The state handles MTL applications through the Nationwide Mortgage…
Louisiana Money Transmitter License Overview Who Controls the Louisiana Money Transmitters License? The Louisiana Office of Financial Institutions issues a Sale of Checks and Money Transmitters License to any person who engages in the business of money transmission or selling…
Kentucky Money Transmitter License Overview Who Controls the Kentucky Money Transmitter License? The Kentucky Department of Financial Institutions issues a Money Transmitter License to any entity engaging in the business of receiving money or monetary value to transmit, deliver, or…
Kansas Money Transmitter License Overview Who Controls the Kansas Money Transmitter License? The Kansas Office of the State Bank Commissioner issues a Money Transmitter License to any entity that engages in the business of selling, issuing, or delivering its payment…