In New Jersey, no person shall engage in the business of money transmission, receiving and transmitting money within the U.S. or abroad, without a license. The regulatory body which issues New Jersey Money Transmitter License (NJMTL) is the Department of Banking and Insurance. What are the requirements to apply for a New Jersey Money Transmitter […]

In North Carolina, no person shall engage in the business of money transmission in this State without a license. The Licensing Authority is North Carolina Office of the Commissioner of Banks (NCCOB). The name license is NC Money Transmitter License (NCMTL). Additional license required is registration with FinCEN as a Money Services Business. What are […]

Any entity in Georgia, who wants to send or receive money transmissions or transmitting money within the United States or to locations abroad, must obtain a money transmitter license. The name of the license is Georgia Seller of Payment Instruments License (GSPIL). The regulatory body for issuing a license is a Georgia Department of Banking […]