Money Service Business Registration

A Money Service Business (MSB) is a company that provides financial services such as money transfers, currency exchange, prepaid cards, or digital payment services.

If you are planning to operate as: A money transmitter, a currency exchange provider, a crypto exchange, a remittance business, or a payment processing company

What Is a Registered Money Service Business?

A registered Money Service Business (MSB) is a company officially registered with the appropriate financial authority, such as:

  • FinCEN (USA)

  • FINTRAC (Canada)

  • HMRC (UK)

MSB registration ensures:

  • Anti-Money Laundering (AML) compliance

  • Legal operation approval

  • Regulatory transparency

  • Protection from penalties

US Money Service Business Registration (FinCEN MSB Registration)

In the United States, MSBs must register with the
Financial Crimes Enforcement Network (FinCEN).

FinCEN Money Service Business Registration Includes:
  • MSB Registration Form Filing

  • AML Policy Preparation

  • Compliance Officer Appointment

  • Risk Assessment Documentation

  • Ongoing Reporting Guidance

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How to Register a Money Service Business in the USA

If you’re searching:

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Here’s the process:

  1. Form a US company (LLC or Corporation)

  2. Register as MSB with FinCEN

  3. Obtain state-level money transmitter licenses (if required)

  4. Implement AML & KYC compliance

  5. Maintain ongoing reporting

California Money Service Business Registration

Some states require additional licensing.

For example:

  • California money service business registration may require state-specific approval.

We guide clients through:

  • State money transmitter licensing

  • Regulatory authority filings

  • Compliance documentation

Florida Money Service Business License

Florida requires state licensing for certain financial services.

We assist with:

  • Florida money service business license

  • Florida money service business license search

  • Ongoing compliance filings

Canada Money Service Business Registration (FINTRAC MSB)

In Canada, MSBs must register with
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).

FINTRAC Money Services Business Registration Includes:
  • Canadian MSB Registry filing

  • AML Compliance Program

  • Risk-based procedures

  • Reporting system setup

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UK Money Service Business Register (HMRC MSB)

In the UK, MSBs must register with
HM Revenue and Customs (HMRC).

We assist with:

  • Money service business register UK

  • HMRC money service business register

  • AML supervision registration

  • UK compliance policies

MSB License Requirements

Money Service Business registration requirements typically include:

  • Legal business entity formation

  • Compliance Officer appointment

  • AML/KYC policy

  • Risk assessment

  • Suspicious Activity Reporting system

  • Business activity description

Money Service Business Registration Renewal

MSB registration is not one-time only.

We support:

  • Registration of money service business renewal

  • MSB compliance updates

  • Reporting renewals

  • Registry updates

Money Service Business vs Payment Service Provider

Many founders ask:

Money Service Business vs Payment Service Provider — what’s the difference?

An MSB typically includes:

  • Money transmission

  • Currency exchange

  • Stored value issuance

A Payment Service Provider (PSP):

  • Processes transactions

  • Acts as intermediary

  • May require additional licensing

We assess your business model to determine:

  • Whether you qualify as an MSB

  • Which regulator applies

  • Whether money transmitter license is required

Money Service Business Registry & Search

Need verification?

We assist with:

  • Money service business registration search

  • Registered money service business search

  • MSB registry search USA

  • FINTRAC MSB registry search

  • State license lookup

Who Regulates Money Service Businesses?

Regulators vary by country:

  • USA → FinCEN + State Regulators

  • Canada → FINTRAC

  • UK → HMRC

  • Philippines → Central Bank

  • Malaysia → Bank Negara

Understanding who regulates money service businesses is critical for compliance.

Money Service Business Examples

Examples of MSBs:

  • Money transfer companies

  • Crypto exchanges

  • Remittance providers

  • Digital wallet providers

  • Prepaid card issuers

If your business involves handling or transmitting money — you may require MSB registration.

Start Your Money Service Business Legally

If you’re planning to:

Register a money service business, Apply for MSB license USA, Register with FINTRAC Canada, Register with HMRC UK