Search

...cial Services Commission. It is worth pointing out that all money changer’s and remittance licenses are issued under the Money-changing and Remittance Business Act 2009. The money changer’s and remittance license allows a company to conduct **money changing business**. However, it is highly important for all applicants to be able to comply with the requirement to maintain permanent place of...

...amount is determined on a case-by-case basis by the Commission upon review of the application. However, it is advisable that the capital would be no less than $100 000 USD. Overview Money changer’s license allows you to conduct only money changing business, Remittance license allows you to accept clients’ money and transmit it to another person residing abroad. To conduct Forex ...