State-by-State Regulation


Please note: The following is not legal advice for which you should consult the appropriate authorities and/or legal counsel. This page is permanently under renovation, due to the many link changes that occur all the time. Please report broken links to [email protected]. Just cut and paste the link in the body of the e-mail and put 'Broken Links' in the subject line. - Ed.

Generic Sequence of State Listings

We have endeavored to find links for each state regulator of money transmitters, according to the following template:

1. Link to the NMLS State page, and an indication whether or not money transmitter licensing for that state is managed on NMLS.
     (The user is instructed to search for "money transmitter" or "sale of checks" licenses; be on the lookout for other types of MSB licenses required.)
2. Links to the State Legislature and/or General Assembly

3. State Banking Department (or its equivalent)
4. Money Transmitter Supervisor at the Banking Department (if a distinct web page exists)
5. List of Licensees
6. Money Transmitter Laws - From the Legislature's Official Site (live page, not a PDF)
7. Money Transmitter Rules and Regulations - From an Official Government Site (live page, not a PDF)
8. Money Transmitter Forms: Reporting, Application, and Bond
9. Departmental Bulletins, if available online
10. Opinion Letters and Rulings, if available online
11. Links With Archival Value, if any
12. Recent legislative and regulatory proposals that may come to our attention
      (This page is not intended to track current legislation)


State-Specific Listings

Alabama

Alabama is not managing money transmission licenses on the NMLS as of Nov 12, 2018

Alabama Legislature
 
- State Legislature's Home Page
Alabama Legislature - ALISON - Alabama Legislature Information System Online
Alabama State Banking Department 
     The Securities Department regulates Money Transmission licensees, not the Banking Department.
     The Banking Department only regulates banks, loan companies, check cashers and mortgage brokers.- Ed
Alabama Securities Commission
Code of Alabama - Title 8, Chapter 7A - Alabama Monetary Transmission Act
As of August 1, 2017 the Sale of Checks Act (Section 8 Chapter 7) was repealed and replaced by the Alabama Monetary Transmission Act (Section 8 Chapter 7a) 

Alabama Monetary Transmission Act Applications for Licensure - Filing Instructions


Alaska

Alaska Money Services Business Licenses Managed on NMLS
   New Application - Money Transmitter License
   New Application - Currency Exchange License
 
Alaska Legislature - State Legislature's Home Page
Alaska Department of Commerce, Community, and Economic  Development - DCCED
Alaska DCCED - Consumer Finance / Money Service Businesses (MSBs)
  (Scroll Down for Money Service Business Links)
    Applications & Forms
    Enforcement Orders
    Money Service Statutes and Regulations
    MSB Licensee List
    Limited License Agreement Orders (Virtual Currency)

Article 1. Money Transmission Licenses - Chapter 55. Alaska Uniform Money Services Act (AS 06.55)
   Alaska Law - Alaska Statutes 2017 - Title 6. Banks and Financial Institutions
Alaska Regulations - Alaska Admin Code - Chapter 13 - Money Services (3 AAC 13)
Alaska DCCED MSB Licensees List - Updated 7/21/2018

Arizona

Arizona Money Transmitter License Managed on NMLS

   New Application

Arizona State Legislature - State Legislature's Home Page
Arizona Department of Financial Institutions (DFI)
Arizona Licensee List
Arizona Revised Statues - Chapter 12 - Transmitters of Money. Scroll down 3/4's of the page to Chapter 12.
Arizona Revised Statues - §6-126 et seq. - Application fees for financial institutions and enterprises
Arizona License Application
Arizona Money Transmitter License Application Instructions
Arizona Money Transmitter Supplement License Application
Arizona Money Transmitter Supplement Instructions


Arkansas

Arkansas Money Transmitter License Types Managed on NMLS

   New Application

Arkansas State Legislature  - State Legislature's Home Page
Arkansas State Bank Department
Arkansas Securities Department - Money Services Forms and Applications

Arkansas Licensee Look- up
Arkansas Money Services Rules - December 1, 2011
Arkansas Uniform Money Services Act - January 1, 2008
Money Services Rules - Effective December 1, 2011
Arkansas Uniform Money Services Act - Effective August 16, 2013
Arkansas Application for a Money Transmission License - Under the Arkansas Uniform Money Services Act.


California

California Department of Business Oversight
- licenses the following: Money Transmitter License

California Money Transmitter License Managed on NMLS - CA-DBO
   New Application

California State Legislature - State Legislature's Home Page
   California State Legislature - Website for California Legislative Information
California Department of Business Oversight
California Department of Business Oversight - Main page for Money Transmitter Division (contains links, for FAQs, Forms, etc.)
California Directory of Money Transmitters
Assembly Bill 2209 - Chapter 499
California Financial Code - Section 2000-2003 - The Money Transmission Act
California Money Transmitters Forms
California Money Transmitters FAQ's
California Department of Business Oversight - Monthly Bulletins
CDBO - Division of Financial Institutions Final Orders and Opinions - California requires a pre-filing meeting. - Ed.

California Adds Limited Agent of a Payee Exemption to Its Money Transmitter Licensing Requirement Relaxes Right to Refund Disclosure Requirement for Online Transactions
- October 8th, 2014, Peter Luce, Paymentlawadvisor.com

California Enacts Sweeping New Law Targeting Money Transmitters - Commentary by Venable LLP, October 5, 2010


Colorado

Colorado Division of Banking 
- does not currently manage any licenses through NMLS. The following licenses use NMLS for the reporting of authorized agents/delegates: Money Transmitter License. Starting May 2, 2016, Colorado Division of Banking (Division) Money Transmitter Licensees who hold an active license on NMLS with another state agency are required to report their authorized agents/delegate through the Uniform Authorized Agent Reporting (UAAR). Click here for more information.

Colorado General Assembly
- General Assembly's Home Page
Colorado Department of Regulatory Agencies - Division of Banking
Colorado Department of Regulatory Agencies - Division of Banking - Money Transmitter Company page 
Colorado Money Transmitters Licensee List - Enter Company Name then select 'Money Transmitter' under Institution Type
Colorado Rules and Statutes
Colorado State Banking Board Money Transmitters Laws
Colorado Revised Statutes - Title 12 Article 52 Money Transmitters
Colorado Money Transmitters Act - 2012 Sunset Review  - October 15, 2012
Colorado Money Transmitter License Application
Colorado Money Transmitter Applications and Forms


Connecticut

Connecticut Money Transmission License Managed on NMLS
   New Application

Connecticut General Assembly - General Assembly's Home Page
State of Connecticut Department of Banking
Connecticut Licensee List - Click on 'Verify a License' and then select 'Money Transmitters'. 
Connecticut Laws
Connecticut Statutes
- (§§ 36a-595 to 36a-612, inclusive) and Sections 5 through 8, inclusive, of Public Act 15-53 before applying for a license.
Connecticut State Licensing Fees and Forms


Delaware

Delaware Office of the State Bank Commissioner - Delaware is not managing Sale of Checks licenses on the NMLS.

Delaware State Legislature - State Legislature's Home Page
Delaware Office of the State Bank Commissioner
Delaware List of Licensees
Delaware State Legislature - Title 5 - Chapter 23 - Banking, Sale of Checks and Transmission of Money.
Delaware Sale of Checks, Money Transmitter Regs, Applications and Forms
Delaware Sale of Checks, Transmission of Money License Application


District of Columbia (Washington DC)

District of Columbia Money Transmitter License Types Managed on NMLS
   New Application

District of Columbia Department of Insurance, Securities, and Banking - DISB
District of Columbia- DISB - Licensing Requirements
District of Columbia (Washington DC) Licensee Search 
   This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) page.
   Enter a Name, Company, City, State, Zip Code, NMLS ID, and/or License Number. - Ed.
District of Columbia Official Code - Title 26 - Chapter 10 - Click on 'Title 26' then click on 'Chapter 10. Money Transmissions'.
License Application


Florida

Florida - Florida is not managing Money Transmitter Licenses on the NMLS as of Dec 19, 2018. - Ed.

Florida Legislature - State Legislature's Home Page
Florida Office of Financial Regulation - FOFR
Florida Office of Financial Regulation - FOFR - Division of Consumer Finance
Florida Office of Financial Regulation - FOFR - Money Transmitters
Florida Money Transmitter Search
- Select money transmitters as license type.
The Florida Laws
Florida Regulations
Florida Office of Financial Regulation - FOFR - Money Transmitters Part III: Check Cashers
Florida Office of Financial Regulation - FOFR - Foreign Currency Exchangers
Florida Office of Financial Regulation - FOFR - Payment Instrument Issuers
Florida Office of Financial Regulation - FOFR - Deferred Presentment Provider


 

Georgia

Georgia Money Transmitter License Types Managed on NMLS
  
New Application

Georgia Assembly - General Assembly's Home Page
Georgia Department of Banking and Finance
Georgia DOB - MSB Laws and Rules
Georgia Licensee List - For a full downloadable list, Scroll to bottom of page, click on MoneySvc.Zip).
MSB Licensee and Regulatory Action Searches - Main page
Georgia Code  - See Chapter 1 of Title 7, go to Article 4. (You must click 'I agree'. - Ed.)
Georgia House Bill 982 - Signed into law on April 29, 2014
Georgia Senate Bill 70 - passed.
Georgia Rules and Regulations.- (You must fill out questions and click 'I agree' to terms and conditions. - Ed.)
Georgia - MSB Laws and Rules
Georgia Forms - Main page
State Of Georgia - DBF Bulletin - Notice of Final Rulemaking Department of Banking and Finance - Adopted June 10, 2014.


Hawaii

Hawaii Money Transmitter License Types Managed on NMLS
  
New Application

Hawaii State Legislature - State Legislature's Home Page
Hawaii Department of Commerce and Consumer Affairs (DCCA) - Financial Institutions
Hawaii List of Licensees
Hawaii State Legislature - SB2143  SD2  HD1  CD1 - Status - Reported to have been signed by the Governor on June 02, 2006  (Effective 07/01/2007).
Department Of Commerce And Consumer Affairs - Report to the Legislature on Money Transmitters - 2008- 2009
Hawaii Revised Statutes - Money Transmitters Act - Chapter 489D - Scroll down to the bottom of the page and click 'next' to view each section. - Ed. 
HRS Chapter 489D - Money Transmitters Act
SB1068 5D2 HD1 CD1- Relating to Money Transmitters - Act 167 (13) - Signed into law on June 21, 2013.
Act 167 - Summary
Hawaii Administrative Rules
Hawaii Learn more about Money Transmitter - Main page
Laws for Money Transmitters
Rules for Money Transmitters
Money Transmitter forms
Hawaii Money Transmitters General Information, Instructions and Application
Hawaii Money Transmitter License Company Renewal and Annual Report Checklist - Though the NMLS system. - Ed.
2014 Money Transmitter Renewal Report


Idaho

Beginning June 1, 2018, electronic surety bonds (ESB) for the license/registration types will be available in NMLS.

New company license applications submitted through NMLS for the following license types will be required to meet all surety bond requirements by completing the electronic surety bond process. See the ESB Adoption Map and Table for more information.

- Money Transmitter License

Note: The use of NMLS for ID Money Transmitter licensees/applicants is OPTIONAL. If you choose to use NMLS to manage your license, you must use ESB to manage your surety bond. If you choose NOT to transition your license to NMLS, you cannot use ESB to manage your surety bond and must continue to manage your surety bond outside of NMLS.

Idaho Money Transmitter License Types Managed on NMLS
  
New Application

Idaho State Legislature - State Legislature's Home Page
Idaho Department of Finance
Idaho Licensee List
Idaho Laws and Statutes - See Money Transmitters Act
Idaho Money Transmitters Applications/Forms
Money transmitters can obtain an Idaho money transmitter license through NMLS. See link: http://mortgage.nationwidelicensingsystem.org


Illinois

Illinois Money Transmitter License Types Managed on NMLS
  
New Application

Illinois General Assembly - General Assembly's Home Page
Illinois Department of Financial & Professional Regulation
Illinois Licensee List
Illinois Rules & Regulations
Illinois State Law - 205 ILCS 657 - The Transmitters of Money Act.
2005 Illinois Code - Chapter 205 Financial Regulation
Notice of Establishment or Ownership of Cash Dispensing Terminal(s)
Electronic Fund Transfer Act


Indiana

Indiana Department of Financial Institutions (DFI) licenses the following on NMLS: Money Transmitter License
  
New Application

Indiana State Legislature - State Legislature's Home Page
Indiana Department of Financial Institutions (DFI)
Indiana Licensee List
Indiana Department of Financial Institutions (DFI) - Indiana Money Transmitters
Indiana Money Transmitters Act - IC 28-8-4 - Chapter 4. Money Transmitters
June 5, 2013 - 2013 Legislative Amendments to the Indiana Money Transmitter Act (the “Act”) - Effective July 1, 2013
Indiana License Application
Indiana State DFI Licensing Requirements through NMLS


Iowa

Iowa Money Services License Types Managed on NMLS
  
New Application

Iowa State Legislature - State Legislature's Home Page
Iowa Division of Banking - IDoB
Iowa Licensee List - Choose 'Money Services' under 'License Type', leave all other fields blank.
Iowa Uniform Money Services Act
Iowa License Application


Kansas

Kansas Money Transmitter License Types Managed on NMLS
  
New Application

Kansas State Legislature - State Legislature's Home Page
Kansas Office of the State Bank Commissioner (OSBC)
Kansas Licensee List
   This link will bring you to the (K.S.A. 45-220(c)(2) of the) Kansas Open Records Act disclaimer page. .
   To see the list of licensees, you must click on 'I agree' at the bottom of the page. - Ed.
Kansas Laws and Regulatory Guidance
Kansas Issues June 6, 2014 Guidance on Virtual Currency
Kansas License Application Forms
Kansas Money Transmitter License Application - New


Kentucky

Kentucky Money Transmitter License Types Managed on NMLS
  
New Application

Kentucky Legislature - State Legislature's Home Page
KDFI - Kentucky Department of Financial InstitutionsKentucky Licensee List - Enter 'Money Transmitter' under 'Office Type'.
Kentucky Money Transmitters Act of 2006 - Signed into law 04/24/2006 - The existing Sale of Checks Act, KRS Chapter 366, will be repealed effective Oct. 1, 2006.
Kentucky Revised Statutes - Main page. See Chapter 286.11. - Ed.
Kentucky Revised Statutes = KRS Chapter 286.11
Kentucky License Application - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) page. Enter a Name, Company, City, State, Zip Code, NMLS ID, and/or License Number. - Ed.


Louisiana

Louisiana Sale of Checks and Money Transmitters License Types Managed on NMLS
  
New Application

Louisiana Legislature - State Legislature's Home Page
Louisiana Office of Financial Institutions
Louisiana Licensee List - See left column. Click on Money Orders/Transmitters. Then click on Active Licensees.)
Louisiana License Application - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) page. Enter a Name, Company, City, State, Zip Code, NMLS ID, and/or License Number. - Ed.
Louisiana State Law - Title 6 - Banks And Banking - Chapter 13. Sale of Checks and Money Transmission


Maine

Maine Money Transmitter License Types Managed on NMLS
   New Application

Maine Legislature - State Legislature's Home Page
Maine DPFR - Bureau of Financial Institutions
Maine Licensee List
Maine Money Transmitters Act - Title 32 - Chapter 80. Also see 'Money Transmitters Act'- Chapter 80 - Subchapter 1.
Maine Consumer Credit Code - Title 9 - A - Including 'Money Transmitters'.
Maine Department of Professional and Financial Regulation - Bureau of Consumer Credit Protection
Bureau of Consumer Credit Protection - License Types - Money Transmitter
Licensing Information
Maine Creditor Update - Special Privacy Act Edition - with Sample Language and Frequently Asked Questions - Privacy Act Information for Money Transmitters
A Consumer's Guide to Financial Privacy Rights under the Gramm-Leach-Bliley Act - Privacy Act Information for Money Transmitters
Maine License Application - Money Transmitters and Money Order/Travelers Check Issuers.

Maryland

Maryland Money Transmitter License Types Managed on NMLS
   New Application

Maryland General Assembly - General Assembly's Home Page
Maryland Department of Labor, Licensing and Regulation - DLLR - Office of the Commissioner of Financial Regulation - Money Transmitters
Maryland Licensee List - Check off money transmitters in category section.
Maryland Money Transmission Act - Title 12. Miscellaneous Institutions and Activities - Subtitle 4.
Maryland DLLR - Providing Bank Services to Money Service Businesses Advisory 05-02 - Advisory Notices - March 31, 2005
Maryland Applications and Forms - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) page. Enter a Name, Company, City, State, Zip Code, NMLS ID, and/or License Number. - Ed.


Massachussetts

Massachussetts Check Seller License Types Managed on NMLS
   New Application

Massachussetts Foreign Transmittal Agency License Managed on NMLS
   New Application


Massachussetts Legislature - State Legislature's Home Page
Massachusetts Division of Banks - Office of Consumer Affairs and Business Regulation (OCABR).
House Bill 845 - Relative to the regulation of the business of domestic and foreign money transmission by the Division of Banks
Money Transmitter Laws, and Application Forms
TO APPLY FOR A FOREIGN TRANSMITTAL AGENCY OR CHECK SELLER LICENSE:
As of April 16, 2012 those companies wishing to apply for licensure must do so through NMLS. Please direct all inquiries to nmls©state.ma.us.
Office of Consumer Affairs and Business Regulation - OCABR - Find-a-Licensee Page
OCABR -General Laws of Massachusetts - Chapter 167-F, Section 4 - Selling, issuing or registering checks or money orders
OCABR - General Laws of Massachusetts - Chapter 169 - Receipts of deposits for transmittal to foreign countries
OCABR - 209 CMR 44.00: Licensing Of Foreign Transmittal Agencies

Michigan

Michigan Money Transmitter License Types Managed on NMLS
   New Application

Michigan Legislature - State Legislature's Home Page
Michigan Department of Financial and Insurance Regulation - DIFS - Home page.
Michigan Licensee List
Michigan Money Transmission Services Act
Michigan Money Transmission Services Act FAQ's
Michigan Money Transmission Services Forms - Scroll 1/2 way down of the page to Money Transmission Services Providers.
Michigan Money Transmitter Application and Forms - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) Michigan state page. See 'Money Transmitters License'. Companies wishing to apply for licensure must do so through NMLS. - Ed.

Minnesota

Minnesota Money Transmitter License Types Managed on NMLS
   New Application

Minnesota State Legislature - State Legislature's Home Page
Minnesota Department of Commerce - Banking and Finance - Money Transmitters
Minnesota Licensee List - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) page. Enter a Name, Company, City, State, Zip Code, NMLS ID, and/or License Number. - Ed.
Minnesota Licensee List Look-up Tool - Click on 'Money Tramsmitters' on drop down menu.
Minnesota Statues - Chapter 53B - Minnesota Money Transmitters Act
Minnesota License Application
Minnesota License Application and Forms - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) Minnesota state page. See 'Money Transmitters License'. Companies wishing to apply for licensure must do so through NMLS. - Ed.

Mississippi

Mississippi Money Transmitter License Types Managed on NMLS
   New Application

Mississippi Legislature - State Legislature's Home Page
Mississippi Department of Banking and Consumer Finance - DBCF - Money Transmitters
Mississippi List of Licensees
Mississippi Money Transmitter Act 
Mississippi License Information - Please call 1.800.844.2499 for information

Missouri

Missouri is not managing Money Transmitter licenses on the NMLS as of Oct. 10, 2018. See: Missouri Department of Finance
   Missouri Money Order/Money Transmission Applications

Missouri General Assembly - General Assembly's Home Page - includes bill tracking and state statutes.
Missouri Division of Finance - Money Order/Money Transmitter
Missouri Licensee List - Select "money order/ transfer" under type.
Chapter 361 - Sale Of Checks Company Licensing Application Packet
MoneyOrder/Money Transmitter Page


Montana

Montana - There is currently no legislation from the Montana Division of Banking regulating Money Transmitters.
Money Transmitters do not have to be licensed with the Division. However, they do need to be registered as a business with the Montana Secretary of State.

Mo
ntana Legislature - State Legislature's Home Page
Montana Division of Banking and Financial Institutions - DBFI
Montana - Currently no regulation of money transfer.

Nebraska

Nebraska Money Transmitter License Types Managed on NMLS
   New Application

Nebraska Legislature - State Legislature's Home Page
Nebraska Department of Banking and Finance - NDBF
Nebraska Licensee List - Please use the Nationwide Mortgage Licensing System link to search for Money Transmitters Licensees. - Ed.
Nebraska Statutes - Nebraska Money Transmitters Act - Chapter 8, Article 27
Nebraska Applications and Forms

Nevada

Nevada is not managing Money Transmitter licenses on the NMLS as of Oct. 10, 2018. See State of Nevada Department of Business and Industry - Financial institutions - Money Transmitters

Nevada Legislature - State Legislature's Home Page
Nevada Department of Business and Industry - Division of Financial Institutions
Nevada Licensee List - Choose "public search" then select "Search by Name for a Specified License Type" and choose "Money Transmitter" as License type.
Nevada Statutes and Regulations - Chapter 671 - Issuers of Instruments for Transmission or Payment of Money 
Nevada License Application
Agent of a Payee: NRS 671.040- License required.

New Hampshire

New Hampshire Money Transmitter License Types Managed on NMLS
   New Application

New Hampshire General Court - New Hampshire General Court's Home Page
State of New Hampshire Banking Department - Bank Commissioner's Office
New Hampshire Licensee List - Scroll down to Licensee Listing and select money transmitters.
New Hampshire Statues -  Chapter 399-G: Licensing of Money Transmitters
New Hampshire Complete Money Transmitter Application Form - Includes all forms.
Individual Money Transmitter License Forms

New Jersey

New Jersey is not managing Money Transmitter licenses on the NMLS as of Oct. 10, 2018. See State of New Jersey Department of Banking and Insurance - Foreign Money Transmitter/Money Transmitter.

New Jersey Legislature - State Legislature's Home Page
New Jersey Department of Banking and Insurance - NJDoBI
New Jersey Licensee Search - Select money transmitter and/or foreign money transmtter as License Type.
New Jersey Money Transmitter Licensee List
New Jersey Foreign Money Transmitter Licensee List
New Jersey Administrative Code - Go to Title 3 Banking, Chapter 27 Money Transmitters.
New Jersey Statutes - Go to 17:15C1-27
New Jersey Foreign Money Transmitter/Money Transmitter Applications, Forms and Information - Main page
New Jersey Money Transmitter Application PDF

New Mexico

New Mexico Money Transmission License Types Managed on NMLS

  
New Application

New Mexico Legislature - State Legislature's Home Page
New Mexico Regulation & Licensing Department - Financial Institutions Division
New Mexico - Currently no license required, unless there is a negotiable instrument. (The Financial Institutions Division does not license or regulate “money transmitters.”) - Ed.
State of New Mexico 58-20- 1 - Business of selling negotiable checks, drafts and money orders regulated.
Unannotated New Mexico Statutes and Court Rules
New Mexico Administrative Code

New York

New York Money Transmitter License Types Managed on NMLS
  
New Application

New  York State Assembly - General Assembly's Home Page
New York State Money Transmitter Application
New York State Department of Financial Services (DFS)
Licensed Financial Services Industry Resources
Information and Resources for Money Transmitters
List of Licensees - "Who We Supervise" (sic) Search
New York State Banking Dept. - Weekly Bulletin
New York State New York Banking Law - Scroll Down for: Article XIII-B, Article XIII-C
Industry Letters
Industry Letter - Money Transmitters With No Physical Presence in New York - March 31, 2011
23 NYCRR 500 - Cybersecurity Requirements for Financial Services Companies
Article 13-B - (640 - 652-B) TRANSMITTERS OF MONEY  - See Banking, Click on 'BNK' link then see Article 13-B.

Application To Appoint Check Casher as Agent
Superintendent's Regulations 400.12, Agents of Money Transmitters


North Carolina

North Carolina Money Transmitter License Types Managed on NMLS
  
New Application

North Carolina General Assembly - General Assembly's Home Page
North Carolina Commissioner of Banks- NCCOB
North Carolina Licensee List
North Carolina Money Transmitter Act - NCGS - Chapter 53 - Article 16B
North Carolina Legal and Compliance References
North Carolina Forms and Fees
- Main page
North Carolina Money Transmitter Application
North Carolina Money Transmitter FAQ's
North Carolina Money Transmitter Licensing Information
- Main page - North Carolina requires a pre-filing meeting. - Ed.

North Dakota

North Dakota Money Transmitter License Types Managed on NMLS
  
New Application

North Dakota Legislative Branch - Home Page - Information relating to the Legislative Assembly and the Legislative Council
North Dakota Department of Financial Institutions - DFI
North Dakota Licensee List - Please use the Nationwide Mortgage Licensing System link to search for Money Transmitters Licensees. - Ed.
North Dakota Law Chapter 13-09 - Money Transmitters
North Dakota Money Transmitter Application - This link will bring you to the Nationwide Mortgage Licensing System and Registry - (NMLS) North Dakota state page. See 'Money Transmitter License'. Effective July 1, 2013 all license types are required to apply for and renew their license using the NMLS, a nationwide multistate licensing system. Please refer to the link on the DFI home page. - Ed.
North Dakota.Gov  - Home page
North Dakota.Gov  - Form  page
North Dakota.Gov - 54496 - Surety Bond for Money Transmitters
North Dakota.Gov - 60903 - Money Transmitter Sales & Permissible Investment Report
North Dakota State Government News/Publications

Ohio

Ohio Money Transmitter License Types Managed on NMLS
  
New Application

Ohio General Assembly - General Assembly's Home Page
Ohio Department of Commerce - Financial Institutions Division - Scroll over 'Depositories'. Then scroll over 'Transmitters'.
Ohio Licensee List 
Ohio Laws and Regulations
Ohio Money Transmitter Application - Ohio requires a pre-filing meeting. - Ed.

Oklahoma

Oklahoma is not managing Money Transmitter licenses on the NMLS as of Oct. 10, 2018. Oklahoma Department of Banking licenses the following: Money Transmission License
Oklahoma Legislature - State Legislature's Home Page
Oklahoma State Banking Department
Oklahoma Money Transmitter Licensee List
Oklahoma Money Order Licensee List
Oklahoma Money Transmitter Statutes - Title 6, section 1511 et seq. of the Oklahoma Statutes.
Oklahoma Money Transmitter Rules - Title 85, Chapter 15 of the Oklahoma Administrative Code.
Text of Final Rules - (Effective May 11, 2007).
Oklahoma Money Transmission - Tax Commission Fee Rules - Title 710, Chapter 95, Subchapter 15 of the Oklahoma Administrative Code.
NMTA Page on Oklahoma Remittance Tax - This will link you to our NMTA page on Oklahoma Remittance Tax.- Ed.
Oklahoma Financial Transaction Reporting Act - Scroll down to Article XVI - Oklahoma Financial Transaction Reporting Act
Oklahoma Sale of Checks Act - Title 6, section 2101 et seq. of the Oklahoma Statutes - Scroll down to Chapter 5, Sale of Checks Act.
Oklahoma Money Transmitter Forms and Applications - Main page
Oklahoma Money Transmitter Application

Oregon

Oregon Money Transmitter License Types Managed on NMLS
   New Application

Oregon State Legislature - State Legislature's Home Page
Oregon Division of Finance and Corporate Securities - DFCS
Oregon DFCS - Money Transmitters - Main page
Oregon Licensee List
Oregon DCFS Statutes and Administrative Rules
- Main page
Oregon Laws - Main page
Oregon DFCS Administrative Rules - OAR Chapter 441, Div. 745 - Money Transmitter Program
Oregon Revised Statutes - ORS Chapter 717 - Volume 16 - Title 53
Oregon License Application

Pennsylvania

Pennsylvania Money Transmitter License Types Managed on NMLS
   New Application

Pennsylvania General Assembly - General Assembly's Home Page
Pennsylvania Department of Banking and Securities - DoBS - No Pennsylvania Licensee List can be found. - Ed.
Pennsylvania Money Transmitter Application - Effective November 1, 2012, the Pennsylvania Department of Banking will officially begin using NMLS to manage Money Transmitter and Accelerated Mortgage Payment Provider licensees.
Pennsylvania DoBS Money Transmitter - You can register here as a user, or go to PA DoBS main page link. Scroll over to 'Businesses' on top, right main menu. Drop down to 'Non-Bank Licensees' then click on 'Money Transmitters'.
Pennsylvania Code - Title 10, - Banking and Securities - Chapter 19 - Money Transmitters.
Pennsylvania House Bill 850 - Last Action: Referred to COMMERCE, March 26, 2015 [House]
Pennsylvania Money Transmitters Act - LICENSING BUSINESS OF TRANSMITTING MONEY OR CREDIT Act of 1965, P.L. 490, No. 249

Pennsylvania Forms
Pennsylvania License Renewal (online only)
Pennsylvania Cybersecurity
Pennsylvania Department of Banking and Securities Code (PDF)
Pennsylvania Money Transmitter Act - Act 129 (PDF) - MONEY TRANSMISSION BUSINESS LICENSING LAW Act of Nov. 3, 2016, P.L. 1002, No. 129
Pennsylvania Statutes, Regulations and Statements of Policy
Pennsylvania Secretary's Letters - Money Transmitters
Pennsylvania Interpretive Letters - Money Transmitters
Pennsylvania MSB Registration - Most Money Service Businesses (MSB), such as money transmitters, must register with the U.S. Department of Treasury  - The Money Transmitter Act (Act 129) became effective on January 2, 2017. Act 129 (PDF)


Puerto Rico

Puerto Rico Money Transmitter License Types Managed on NMLS
   New Application

Puerto Rico House of Representatives - Puerto Rico House of Representatives home page
Puerto Rico Licensee List
Puerto Rico License Application and Instructions
Puerto Rico Oficina del Comisionado de Instituciones Financieras
Puerto Rico Laws
Ley para Regular Negocio de Transferencias Monetarias
Puerto Rico Regulations
“Money Service Business Regulatory Act”- Puerto Rico

Rhode Island

Rhode Island Electronic Money Transmitter License Types Managed on NMLS
   New Application

Rhode Island General Assembly - General Assembly's Home Page
Rhode Island Department of Business Regulation - Home Page
Rhode Island Licensee List - This link will bring you to the Nationwide Mortgage Licensing System and Registry (NMLS) page. Enter a Name, Company, City, State, Zip Code, NMLS ID, and/or License Number. - Ed.
Rhode Island Licensee List - (PDF format) - Department of Business Regulation - Division of Banking List of Licensees - March 01, 2012
Rhode Island Banking Regulation Title 19 - Financial institutions
Rhode Island Banking Regulation 98- 14 - Licensees
Rhode Island DoBR - Division of Banking
Rhode Island License Application - Companies holding any of the license types noted below are required to submit a license transition request through NMLS by filing a Company (Form MU1) and a Form MU2 for each of their control persons by June 30, 2012;
  • Sale of Checks
  • Debt Management Services
  • Electronic Money Transfers
  • Check Cashers
  • Small Loan Lenders

South Carolina

South Carolina Office of the Attorney General
- Regulates Money Transmitter and Currency Exchange Companies.
   New Application

South Carolina is not managing money transmitter nor currency exchanges on the NMLS as of Sep 21, 2017.
South Carolina Office of the Attorney General, Securities Division
South Carolina General Assembly
- General Assembly's Home Page

South Carolina Office of the Commissioner of Banking
South Carolina State Board of Financial Institutions
- Consumer Finance Division
South Carolina Anti-Money Laundering Act

"(11) "Money services" means money transmission or currency exchange.
(12) "Money transmission" means selling or issuing payment instruments, stored value, or receiving money or monetary value for transmission. The term does not include the provision solely of delivery, online or telecommunications services, or network access."


South Dakota

South Dakota Money Transmitter License Types Managed on NMLS
   New Application

South Dakota Legislature - State Legislature's Home Page
South Dakota Department of Labor and Regulations - Division of Banking - Home Page
South Dakota DoLR - Money Transmitters
South Dakota DoLR - Requirements for Licensure

South Dakota DoLR - Exemptions
South Dakota DoLR - Renewal of License
South Dakota DoLR - Licensee Changes Which Must Be Reported
South Dakota DoLR - Forms
South Dakota DoLR - Laws and Rules
South Dakota DoLR - List of Current Licensees
South Dakota Money Transmitter License Application
South Dakota Codified Law (SDCL) 51A- 17
on Money Transmission
Administrative Rules of South Dakota (ARSD) Chapter 20:07:21 on Money Transmission License


Tennessee

Tennessee Money Transmitter License Types Managed on NMLS
   New Application

Tennessee Money Transmitter License Application - This link will bring you to the NMLS - (Nationwide Mortgage Licensing System and Registry) Tennessee state page. See 'Money Transmitter License'. Effective October 1, 2013 the Tennessee Department of Financial Institutions (TDFI) began using NMLS to manage money transmitter licenses. Through NMLS, your company is now able to apply for, amend, and renew your license authority conveniently and safely online. Please note that effective January 1, 2014, the Department will only accept new money transmitter license applications via NMLS.
Utah H.B. 416 - Money Transmitter Transaction Tax - Last Action: 10 Mar 2011, House/ strike enacting clause. Last Location: House file for bills not passed.
Utah Code - Title 7 - Financial Institutions Act - Chapter 1 - General Provisions - Part 2 - Department of Financial Institutions - Section 208.3 - Supervisor of money services businesses - 2016

Vermont

Vermont Money Transmitter License Types Managed on NMLS
  
New Application


Vermont Legislature
- State Legislature's Home Page
Vermont Department of Financial Regulation (DFI)
Vermont Licensee List search
Vermont Statutes - Title 8: Banking and Insurance. Chapter 79: Money Services
Vermont Applications and Forms
Vermont Money Transmitter Application - This link will bring you to the NMLS - (Nationwide Mortgage Licensing System and Registry) Vermont state page. See 'Money Transmitter License'. Starting on April 16, 2012, the Vermont Banking Division will expand its use of the Nationwide Mortgage Licensing System & Registry (NMLS) to manage other non-depository financial service licenses. Through NMLS, companies will be able to apply for, amend, and renew license authority conveniently and safely online.

Virginia

Virginia Bureau of Financial Institutions
licenses the following: Money Transmitter License
Virginia BFI - Application Forms - Money Transmitters

Virginia General Assembly - General Assembly's Home Page
Virginia State Corporation Commission  (SCC) - Bureau of Financial Institutions
Virginia Licensee List
Code of Virginia - Title 6.2
 - Financial Institutions and Services - Chapter 19 - Money Order Sellers and Money Transmitters. *NOTE: Title 6.1 Banking and Finance is known as Title 6.2 Financial Institutions and ServicesExternal Link logo, effective October 1, 2010. Title 6.1 has been repealed, however, this does not mean the prohibitions or requirements stated in that statute are no longer valid. All statutes in Title 6.1 have been renumbered, and most are now found in Title 6.2.
Virginia Code - Title 6.2 - Financial Institutions and Services - Chapter 19 - Money Order Sellers and Money Transmitters - 2016
Virginia Administrative Code -  Chapter 120 - Money Order Sellers and Money Transmitters
HB 2162 - Money Order Sales and Money Transmission Services .
  • Chapter 237 - An Act to amend and reenact § 6.2-1902 of the Code of Virginia, relating to money order sales and money transmission services. [H 2162] Approved March 12, 2013
Virginia State Corporation Commission  (SCC) - Bureau of Financial Institutions - Administration - Main page - Contains Administrative Letters, Regulations, Statues or Laws. - Ed.
State Corporation Commission of Virginia for the Year Ending December 31, 2015
State Corporation Commission of Virginia for the Year Ending December 31, 2014
Commonwealth Of Virginia - State Corporation Commission - Money Order Sellers and Money TransmittersBFI-2014-00009
Virginia License Application
Proposal - Virginia - Money Order Sellers and Money Transmitters - Title 10. Finance and Financial Institutions State Corporation Commission - Chapter 120 Proposed Regulation

Washington

Washington License Types Managed on NMLS

   New Application

Washington State Department of Financial Institutions (DFI)
Washington State Money Transmitters and Currency Exchangers
- Everything you need to know is linked from this page. - Ed.
Washington State Licensee Search - Please use the Nationwide Mortgage Licensing System link to search for Money Transmitters Licensees. - Ed.
Washington State Uniform Money Services Act - Chapter 19.230 RCW
Washington State Regulation of Money Services Providers - Chapter 208-690 WAC
Remittance Transfer Rule (subpart B of Regulation E)
- Remittance Transfer Rule Takes Effect October 28, 2013
As the Remittance Transfer Rule effective date draws near, DFI is reminding our licensees of the requirements that become effective October 28, 2013.
Washington State Applications for Money Transmitters and Currency Exchangers 
- Main page
Washington State Application for Money Transmitters - This link will bring you to the NMLS - (Nationwide Mortgage Licensing System and Registry) Washington state page. See 'Money Transmitter License'. On April 16, 2012, Washington introduced NMLS as a new way to apply for and maintain your Money Transmitter or Currency Exchange license. NMLS streamlines the application process as well as the maintenance of your company’s license by providing a central location for company information and reducing the items you must mail to DFI. Effective June 7, 2012 all new applicants must use NMLS to apply for a Money Transmitter or Currency Exchange license.

West Virginia

West Virginia Money Transmitter License Types Managed on NMLS
   New Application

West Virginia Legislature - State Legislature's Home Page
West Virginia Division of Financial Institutions
West Virginia Division of Financial Institutions -  Currency Exchange, Currency Transmission, Money Transportation and Check Cashing Licensee Information - No West Virginia Licensee List can be found. -Ed.
West Virginia Code - Chapter 32A. - Article 2 - Checks and Money Order Sales, Money Transmission Services, Transportation and Currency Exchange.
West Virginia License Application
Wisconsin

Wisconsin Sellers of Checks License Types Managed on NMLS
   New Application

Wisconsin State Legislature
- State Legislature's Home Page
Wisconsin Department of Financial Institutions (DFI)
Wisconsin Licensee List - See 'Sellers of Checks'
Wisconsin Instructions and Application
Wisconsin Statutes & Rules - Chapter 217
Wyoming

Wyoming Money Transmitter License Types Managed on NMLS
   New Application

Wyoming State Legislature - State Legislature's Home Page
State of Wyoming Department of Audit - Division of Banking
Wyoming Licensee List
Title 40 - Trade and Commerce, Chapter 22 - Wyoming Money Transmitters Act
Money Transmitter Act Rules and Regulations
- To search for Money Transmitter Rules, from the drop-down menus at this link, select "Money Transmitters" as the Program, then "Rule Type" if desired (for example, "Current Rules") and click Search.
Money Transmitters (0004) - Chapter 1: General Matters and Definitions
Wyoming License Application - Please use the Nationwide Mortgage Licensing System link to search for Money Transmitters Licensees. - Ed.

Money Service Business Links:

    Applications & Forms
    Enforcement Orders
    Money Service Statutes and Regulations
    MSB Licensee List
    Limited License Agreement Orders (Virtual Currency)