Money Transmitter Licence (1 state) in United States
One state's money-transmitter licence, separate from FinCEN. The state's filing fee and surety bond are quoted before filing.
A state licence to transmit money, including virtual currency, to people in that state. FinCEN registration does not grant this. The $15,000 is the service fee for one state. That state's application fee and surety bond are set by the state and are quoted before filing.
- Timeline
- 3-6 months
- Service fee
- $15,000
Documents you'll need
- The state
- The US company that will hold the licence
- How money or virtual currency will move
- Owners and the compliance officer