Electronic Surety Bonds (ESB)
Electronic surety bonds (ESB) will be available in NMLS starting January 23, 2017.
New company license applications submitted after January 23, 2017 will be required to meet all surety bond requirements by completing the electronic surety bond process. See the ESB Adoption Map and Table for more information.
Companies are required to convert their existing surety bond to NMLS via the submission of an ESB by December 31, 2017. See the GA ESB Conversion Plan for more information.
As of 9/12/2016, criminal history background checks on MU2 individuals should be authorized and submitted through the NMLS.
OTHER FORMS AND GUIDANCE:
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 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.