Applying for a New License

Introduction to the US Money Transmitter License Application Process If you’re looking to obtain a money transmitter license (MTL) in the United States, you’ll need to go through a process that can be both time-consuming and expensive. In this memorandum, we provide an overview of that process and what you can expect along the way. There are two basic ways you can go about obtaining a money transmitter license You can either handle the entire application process yourself, (with help from us), or You can also have us take a lead and help you with the complete task of filing and managing the application on your behalf. Before starting the process of obtaining a money transmitter license, it’s important to understand which states require one. This will help you focus your efforts and save time and money. ...