About Money Transmitter Law

About company

Shipkevich PLLC compiled this web site to convey general information regarding licensing laws for non-bank money transmitters. Their attorneys are poised to assist businesses with registering as transmitters in individual states. This site provides a state-by-state overview of money transmitter license and bond requirements, as well as general descriptions of what businesses are required to register. Without one institution processes for obtaining money transmitter licenses and money transmission activities, money transmitter administrative and supervisory roles are left to individual states. Multi-jurisdictional laws vary with regard to registration requirements and qualifications, permissible investments, bonding requirements and exemptions.