One of the most powerful MSB licenses you can acquire globally, which is both cost-effective and has a relatively fast entry point for businesses seeking to offer:

• Foreign Exchange Dealing: Exchanging one type of fiat currency for another.
• Money Transferring: Remitting or transferring funds, often internationally.
• Issuing or Redeeming Payment Instruments: This includes money orders, traveler’s cheques, or similar negotiable instruments.
• Dealing in Virtual Currency (Cryptocurrency): Exchanging, transferring, or acting as a virtual asset service provider (VASP) for digital assets like Bitcoin or Ethereum.
• Crowdfunding Platform Services: Operating a platform that facilitates crowdfunding.

One of the easiest ways to gain access to the USA.

The license is often leveraged by companies, especially international ones, to obtain a rapid, legitimate U.S. federal MSB registration (with FinCEN) without the cost and delay associated with obtaining the 49 other state licenses.

Montana is famous in the fintech world because it is currently the only U.S. state that does not require a separate state-level Money Transmitter License (MTL).

Once the license is obtained, businesses can easily partner with other US financial institutions to gain access to other states.

Services Offered Can Include:

Money Transmitter:

Currency Dealer or Exchanger:

Dealing in Virtual Currency (Crypto):

Issuer, Seller, or Redeemer of Money Orders, Traveller’s Checks, or Stored Value:

Check Casher:

We specialise directly in Canadian MSB and Montana MSB formation. However, we have a deep network of compliance partners, so if you need assistance with other jurisdictions or bespoke solutions, we are more than happy to help.