The Licensing Authority is in charge of Alaska Money Transmitter License (ALMTL) is called Division of Banking and Securities. What are the requirements to apply for an Alaska Money Transmitter License? In order to obtain an Alaska Money Transmitter License, the following documents are required:   Business License/Entity Registration in Alaska Authorized Agents (Delegates) locations […]

Ohio Division of Financial Institutions is the licensing authority for obtaining an Ohio Money Transmitter License. According to Nationwide Multistate Licensing System and Registry (NMLS) any person, regardless of the location of that person, its facilities, or its agents, who receives directly or indirectly and by any means, money or its equivalent for transmission from […]

Any entity engaging in the business of transmitting money in Pennsylvania must obtain a money transmitter license. Pennsylvania Department of Banking and Securities (The Money Transmitter Act 129) is the regulatory body for issuing Money Transmission Business License (PMTBL). Before starting a process of licensing, a minimum tangible net worth of $500,000 is required. What […]