Delaware Money Transmitter License

Delaware Money Transmitter License Overview Who Requires a Money Transmitter License in Delaware? Money transmission is a regulated activity in Delaware. All money services businesses are required to obtain a license in Delaware prior to starting their business. Section 2303, Chapter 23, Title 5 of the Delaware Code states, “No person, except those specified in § 2304 or agents of a licensee as provided in § 2311 shall engage in the business of selling checks, or issuing checks or engage in the business of receiving money for transmission or transmitting the same without having first obtained a license hereunder.” ...