The Bank Secrecy Act (BSA) defines a group of businesses called Money Services Businesses or MSBs that deal with activities such as Check Cashing, Money Orders, Money Transfers, Travelers Checks, Currency Exchange or Stored Value. Businesses involved fully or partially in these activities are required by law to register. To review the registration forms and requirements, please click here
For more information or to visit the official MSB website, please click here
For information on a recent ruling regarding MSB please click here
Additionally, if you are a Payday Loans business, please click here to review Community Financial Services Association of America (CFSA) guidelines.
