Tag msb

What is a Money Services Business?

A money services business, or MSB, is a term used by the Financial Crimes Enforcement Network (FinCEN) to describe a business that provides certain financial services. These services may include activities such as money transmission, currency exchange, and the issuance…

Amazon Resellers & Sales

Fulfillment by Amazon (FBA) is a service offered by Amazon that handles the storage, shipping, and customer service for third-party sellers on Amazon’s platform. If you are a seller on Amazon and use FBA, you will send your products to…

Authorized Delegate (AD)

Faisal Khan LLC - Authorized Delegate (AD)

An authorized delegate is a person or entity that has been appointed by a money services business (MSB) to act on its behalf in certain capacities. This can include conducting transactions, managing accounts, and representing the MSB in its interactions…

Money Services Business (MSB)

Faisal Khan LLC - Money Services Business (MSB).

A money services business (MSB) is a financial institution or company that provides financial services such as currency exchange, money orders, wire transfers, and check cashing. The term “MSB” is used by regulatory authorities to describe a financial institution or…