Application for Change in Control of a Money Transmitter Licensee
Biographical Statement and Consent Form (MSB3)
Fingerprint Processing
Other Department Forms and Guidance
Semi-Annual Report for Money Transmitter Licensees
FinCEN Forms and Guidance
Online Licensee Information Updates, Payments and Reporting Options
UPGRADES/DOWNGRADES: The Department requires a new application and licensing fee for all requests to upgrade or downgrade any license type.
A Money Transmission Licensee that would like to upgrade to a Check Seller License will have to complete and submit to the Department a new application and remit $2,250 for the application and investigation fee, and other fees as applicable.
LICENSE OR REGISTRATION REINSTATEMENTS
Money transmitters who failed to renew their license prior to the December 31st expiration must reapply to have their license reinstated.
This requires the submission of a new license application form and all supporting documents and fees. The application form is the same as for new applicants. When submitting the application to the Department, please indicate "Reinstatement" on the first page of the application form.
Once a reinstatement application is submitted, the licensee will be contacted by e-mail in the event additional information is required. Reinstatement applications requiring additional information cannot be approved until such additional information is received and approved. All fines and fees must be paid before a money transmitter reinstatement license is issued.
Application for Change in Control of Check Seller or Money Transmitter Licensee:
This application must be filed by any/each person seeking to acquire 10% or more of the voting shares of a corporation or a 10% or more controlling interest in any other entity licensed to conduct business as a check seller or money transmitter in Georgia. The application is available in Word or PDF.
Change in Officer or Director of a Licensee - Prior to taking position, any/each person seeking to be an officer or director of a check seller or money transmitter licensee must provide certain documentation in order to be approved by this Department. This is similar to the process for one seeking to acquire 10% or more. Persons must provide:
- The MSB3 Form with photo (available in Word or PDF),
- Two blue line FBI fingerprint cards (requests can be made here), and
- Funds in the amount shown on the instructions for the fingerprints for processing. NOTE: Persons in Georgia should use GAPS instead of the hardcopy fingerprint card request link above.
Note that a credit report will be pulled as permission is granted by the MSB3 Form. Issues including collections, charge-offs with balances, public records/liens, will need to be resolved prior to approval.
| Attachment | Size |
|---|---|
 Check Seller or Money Transmitter Change in Control Application | 511.5 KB |
 Check Seller or Money Transmitter Change in Control Application | 370.49 KB |
Check Seller and Money Transmitter Biographical Statement and Consent Form (MSB3):
| Attachment | Size |
|---|---|
| Check Seller and Money Transmitter MSB-3 Form | 119.49 KB |
Fingerprint Processing - "GAPS"
Fingerprint processing is available statewide through the Georgia Applicant Processing Services (GAPS). License and registration applicants who need to provide the Department with fingerprints for owners, officers and control persons, or for employees who may require the submission of fingerprint cards as a result of incomplete or questionable background check processing may now use the GAPS service. Out-of-state applicants without access to a Georgia GAPS location may still request fingerprint cards for submission directly to the Department. In-State applicants should use a GAPS location if possible. For more information and instructions, click on the GAPS links below. The GAPS form is a Word document for completion and return to the Department. On-line requests for hardcopy cards will be handled generally on the next business day.
| Attachment | Size |
|---|---|
| GAPS Fingerprint Processing for MSBs | 931.46 KB |
OTHER FORMS AND GUIDANCE:
MSB Guide for Developing an Anti-Money Laundering (AML) Policy:
| Attachment | Size |
|---|---|
| MSB Guide for Developing an AML Policy | 104 KB |
Verification of Lawful Presence within the United States (MSBs):
This form should be completed for individuals who apply to have a license or registration in their own names.
| Attachment | Size |
|---|---|
| MSB Verification of Lawful Presence within the US | 124.32 KB |
MSB Report of Apparent Crime:
This form is for use in complying with Rule 80-3-1-.06(4) of the Department's Rules and Regulations pertaining to any criminal act or apparent criminal act by any officer, director, or employee of a licensee occurring in this state and relating to the business of the licensee.
| Attachment | Size |
|---|---|
| MSB Report of Apparent Crime | 85.5 KB |
FinCEN Forms and Guidance (for compliance with applicable federal laws):
- FinCEN Requires Electronic Filing for MSB Registrations and other Reporting
- Enroll in FinCEN's BSA E-Filing System - Types of Forms Supported by BSA E-Filing:
Currency Transaction Report (FinCEN Form 104)
Suspicious Activity Report by Money Services Business (FinCEN Form 109, formerly 90-22.56)
Registration of Money Services Business (FinCEN Form 107)
- MSB Registration Renewal Calculator - Certain Money Services Businesses (MSBs) are required to register with FinCEN as well as renew their registrations every two calendar years. This link takes you to FinCEN's site for estimating when your registration renewal is due.
- MSB Registration Query website
- Money Service Business (MSB) Information (Links off-site to FinCEN) - This link will take you to a website created to address the needs of a special category of financial institutions under the Bank Secrecy Act (BSA) referred to as Money Services Businesses or MSBs. Click on the link above to learn more.
ON-LINE LICENSEE INFORMATION UPDATES AND REPORTING OPTIONS:
For our secure websites, please be sure that you accept the security certificate when prompted. Most of our payment sites perform better using the Mozilla Firefox browser. If you use Internet Explorer, please ensure that you have version 7.0 or higher.
- Mailing Address Changes
- Main Office Relocation/Address Change
- Branch Office/Location Relocations/Address Change
- Office Closure Notification
- Contact Changes: Company, Complaint, Registered Agent
- Semi-Annual Report for Money Transmitter Licensees
- On-line EXAMINATION FEE Payments
- On-line FINE Payments