Saean Group Inc. (SEAN)

[vtiger]

Hi Dr....I totally agree...I know that someone posted that New York was one of only a few that require a Money Transfer License...However there are only a few states that don't require licensing....

State by State United States Regulatory Agencies Administering MSB Licensing

Most states require money services businesses operating within their territory to be licensed with the state banking department. Note that many states also require registration of foreign MSBs that transact with their residents. For example, money transmitters with no physical presence in New York that transact with residents of New York must be licensed in the State of New York.

Alabama
Alaska
Arizona
Arkansas
California: Great memo on current CA issues, CA Licensees
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts, Memo Re Foreign Correspondents
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York, Licensed Money Transmitters
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania PA Guidance Letters
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming