FinCEN MSB Registration in United States
FinCEN Form 107 for a US money services business. Renews every two years. Does not replace a state money-transmitter licence.
Federal registration for a US business that exchanges currency, cashes checks, issues stored value, or transmits money or virtual currency. FinCEN does not charge a registration fee. A state money-transmitter licence is a separate permission.
- Timeline
- 1-2 months
- Service fee
- $6,000
Documents you'll need
- A US company that will register
- The MSB activity
- The owner who will sign Form 107
- Where the business will operate