{"id":6897,"date":"2023-02-08T14:25:07","date_gmt":"2023-02-08T11:25:07","guid":{"rendered":"https:\/\/faisalkhan.com\/?page_id=6897"},"modified":"2023-02-08T14:25:08","modified_gmt":"2023-02-08T11:25:08","slug":"how-long-does-it-take-to-sign-the-contract-with-the-principal-license-holder-providing-us-with-regulatory-coverage","status":"publish","type":"page","link":"https:\/\/faisalkhan.com\/learn\/faq\/faq-licensing\/how-long-does-it-take-to-sign-the-contract-with-the-principal-license-holder-providing-us-with-regulatory-coverage\/","title":{"rendered":"How long does it take to sign the contract with the Principal License Holder providing us with regulatory coverage?"},"content":{"rendered":"\n

This depends on how ready YOU are.<\/p>\n\n\n\n

With a NBFI (Non-Banking Financial Institution) the due diligence parts takes between 2-3 weeks, and contract negotiation and flow of funds, etc. can be done in parallel. It takes between 3-4 weeks to get an agreement signed.<\/p>\n\n\n\n

With a banking financial institution, the numbers\/timetable above are easily doubled.<\/p>\n\n\n\n

To go live, depends on your technical prowess and readiness. Usually clients go-live in about 3-4 weeks after that with NBFIs and between 6-8 weeks with an FI.<\/p>\n\n\n\n

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Suggested Video(s)<\/h4>\n\n\n\n