Video | Finding the Right Licence for Your Money Service Business July 27, 2023

In the second instalment of our informative “How to Start Series,” Ibrahim takes a deep dive into the crucial topic of licences and their significance when establishing your very own money transfer business. Obtaining the suitable licence is significant, as it legitimises your venture, safeguards your customers, and builds trust within the market.
In this video, Ibrahim explains the various licences applicable to money transfer businesses, shedding light on their distinct features and requirements. Understanding the types of licences available is vital to ensuring a smooth and legally compliant operation in this industry.
Ready to dive deeper into launching your own MSB?
Contact our expert consulting team at RemitONE today and organise a free 30-minute consultation. Let us guide you towards success and help you get your money service business up and running as fast as possible. Schedule a free consultation with our experts:
Related Posts
-
How to Build a Leaner, Smarter Money Service Business in 2025
In an era of rapid regulatory change, rising customer expectations, and digital disruption, how can money service businesses (MSBs)—companies that…
April 28, 2025 -
Trump’s Threats to Cross-Border Payments: What It Means for Your Business
It’s been a short while since Trump stormed back into office, and he’s already shaken things up with his hard-hitting…
March 18, 2025 -
Unlock Faster, More Secure Payments with RemitONE’s Open Banking Solution
We’re excited to introduce the latest enhancement to our RemitONE Money Transfer Platform: the RemitONE Open Banking Solution. Competitively priced…
January 31, 2025 -
How to Expand Your SEND Operations in the UK and Europe—Without the Regulatory Hassle
The remittance market in Europe is valued at €133.7 billion annually, with the UK market contributing an additional £23 billion.
January 31, 2025 -
The Top 5 Cross-Border Payment Trends That Shaped 2024
What a year it’s been for the world of payments! From breakthroughs in tech to surprising shifts in consumer behaviour,…
December 19, 2024 -
How Banks Can Reclaim Their Role in Cross-Border Payments with RemitONE
Banks, once the cornerstone of international payments, are finding themselves sidelined. Senders and receivers have now joined forces, pushing banks…
December 18, 2024