South Dakota Money Transmitter License

South Dakota Money Transmitter License Overview Who Regulates the Money Transmitter License in South Dakota? The regulator that governs the money transmitter license in South Dakota is the South Dakota Division of Banking. The Nationwide Mortgage Licensing System handles all new license applications, fee submissions, and all other related matters. You can find application instructions and other details on this page which also provides a checklist for new license applicants. The checklist fully explains the whole application process for money services businesses operating in South Dakota and includes the following: ...