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BankersOnline.com Forums State-Specific Compliance Issues Tennessee MSB TN License & FinCEN Registration?
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#2241655 - 08/27/20 01:53 PM MSB TN License & FinCEN Registration?
Jenny Roberts Offline
100 Club
Joined: Feb 2014
Posts: 183
Tennessee
We are looking at banking MSB's. We have a potential customer that cashes checks over $1,000, sells money orders and does money transfers. Am I correct that not only does the MSB have to register with FinCEN, they also are required to have a money transmitter TN license thru NMLS?

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#2241890 - 09/01/20 07:33 PM Re: MSB TN License & FinCEN Registration? Jenny Roberts
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
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