| Product
or Service |
Capacity
(Type of MSB) |
| Money Orders |
Issuer of
money orders
Seller of money orders
Redeemer of money orders |
| Traveler's
Checks |
Issuer of
traveler's checks
Seller of traveler's checks
Redeemer of traveler's checks |
| Money Transmission |
Money transmitter |
| Check Cashing |
Check casher |
| Currency Exchange |
Currency exchanger |
| Currency Dealing |
Currency dealer |
| Stored Value |
Issuer of
stored value
Seller of stored value
Redeemer of stored value |
To review the complete regulatory definition
of "money services business,"
click here.
If your business is an MSB, the business must
comply with the BSA requirements applicable to
financial institutions as well as to each of the
specific requirements applicable to MSBs. The
following MSB requirements may apply to your business:
Registration
Agent
List
Suspicious Activity Reporting
The www.msb.gov
website contains other information that you may
find useful. We suggest that you visit each of
the sections of msb.gov to gain a better understanding
of the BSA and how it may affect you and your
business.
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