{"id":10577,"date":"2024-01-30T06:16:16","date_gmt":"2024-01-30T11:16:16","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=10577"},"modified":"2024-01-30T06:16:21","modified_gmt":"2024-01-30T11:16:21","slug":"is-this-proposal-for-a-full-suite-of-neo-banking-or-just-remittance","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/faq\/faq-money-transfer-remittances\/is-this-proposal-for-a-full-suite-of-neo-banking-or-just-remittance\/","title":{"rendered":"Is this proposal for a full suite of Neo Banking or just Remittance?"},"content":{"rendered":"\n

The proposal focuses only on the remittance part. Banking as a Service (BaaS) providers, to the best of current knowledge, do not offer international remittances or agent coverage for Kiosks. Therefore, a Remittance-as-a-Service Provider<\/a> is needed to obtain agent status and facilitate international money movement. It’s important to be aware of certain advisories regarding sponsorship versus authorized agents and domain naming for authorized agents under US Money Transmitter Licenses in online businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"

The proposal focuses only on the remittance part. Banking as a Service (BaaS) providers, to the best of current knowledge, do not offer international remittances or agent coverage for Kiosks. Therefore, a Remittance-as-a-Service Provider is needed to obtain agent status and facilitate international money movement. It’s important to be aware of certain advisories regarding sponsorship […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":6364,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"blocksy_meta":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable":"

The proposal focuses only on the remittance part. Banking as a Service (BaaS) providers, to the best of current knowledge, do not offer international remittances or agent coverage for Kiosks. Therefore, a Remittance-as-a-Service Provider is needed to obtain agent status and facilitate international money movement. It’s important to be aware of certain advisories regarding sponsorship versus authorized agents and domain naming for authorized agents under US Money Transmitter Licenses in online businesses.<\/p>\n","category_list":"","author_info":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","gb-block-post-grid-landscape":"","gb-block-post-grid-square":"","yarpp-thumbnail":""},"post_excerpt_stackable_v2":"

The proposal focuses only on the remittance part. Banking as a Service (BaaS) providers, to the best of current knowledge, do not offer international remittances or agent coverage for Kiosks. Therefore, a Remittance-as-a-Service Provider is needed to obtain agent status and facilitate international money movement. It’s important to be aware of certain advisories regarding sponsorship versus authorized agents and domain naming for authorized agents under US Money Transmitter Licenses in online businesses.<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Faisal Khan","url":"https:\/\/faisalkhan.com\/author\/nomismad\/"},"comments_num_v2":"0 comments","yoast_head":"\nIs this proposal for a full suite of Neo Banking or just Remittance? - Faisal Khan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/faisalkhan.com\/learn\/faq\/faq-money-transfer-remittances\/is-this-proposal-for-a-full-suite-of-neo-banking-or-just-remittance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is this proposal for a full suite of Neo Banking or just Remittance?\" \/>\n<meta property=\"og:description\" content=\"The proposal focuses only on the remittance part. Banking as a Service (BaaS) providers, to the best of current knowledge, do not offer international remittances or agent coverage for Kiosks. Therefore, a Remittance-as-a-Service Provider is needed to obtain agent status and facilitate international money movement. 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