Georgia State-Chartered Banks and Credit Unions Closure Procedures
In light of recent inquiries related to COVID-19, the Department would like to remind all Georgia State-Chartered Banks and Credit Unions of emergency closing notification procedures. Georgia Banks and Credit Unions Closure Procedures
MSB Licensee and Regulatory Action Searches
The Department has regulatory and/or licensing authority over money service businesses (check cashers, sellers-issuers of payment instruments and money transmitters - collectively referred to as MSBs) conducting business in Georgia.
A person or company that cashes checks or other payment instruments for a fee or other consideration must have a license from this Department. A person or company that cashes checks for more than $1,000 per person per day must register with the Financial Crimes Enforcement Network (FinCEN) as an MSB.
The Department uses the Nationwide Multistate Licensing System (NMLS) to manage its Money Service Business licensees (MSB).
Use the NMLS Consumer Access portal to verify a Money Service Business license.
To see outstanding Administrative Actions on both licensed and unlicensed entities (including ineligible for hire information), go to one of the Administrative Action search pages listed below to see the outstanding Cease and Desist Orders, Consent Orders, Superior Court Injunctions.