Faisal Khan

Answer to: What is the difference between a Community bank and a Credit Union?

Answer to: Can a federally chartered bank open a branch in any state?

Answer to: Which blockchain can you deploy an exchange-traded fund (or EFT) on?

Answer to: How does one define a hedge fund in detail?

Answer to: How does one structure an ETF (exchange-traded fund)?

Answer to: What is the difference between a hedge fund and a mutual fund?

Answer to: What is Hawala Money?

Answer to: Do you think an ACH can be rejected (incurring reject fees) if we verify the balance ahead of time?

Answer to: Is a License Necessary to Start a Money Transfer Business?

Answer to: What criteria distinguishes an MSB from an FMSB?

Answer to: How can there be fraud in the money transfer business? I don’t know about the business and want to know if it comes with some kind of chargeback or fraud protection for us.

Answer to: Can a company registered in Barbados as a licensed MSB operate (send/receive money) from/in Florida?

Answer to: We have established a money transfer company in Canada and now we are looking for a bank in the US and want to be its Authorized Delegate in the USA for money transfer services.

Answer to: Can we get the US multi-currency accounts without being licensed in the US yet?

Answer to: Do OTC services require a license?

Answer to: Can we work under a Trust’s Money Transmitter License?

Answer to: Do Trust Companies provide money transmitter license coverage?

Answer to: Montana does not require a money transmitter license, so if I register a company there am I exempt from money transmitter licenses?

Answer to: Is there an advantage of getting the EMI license in Lithuania vs Ireland?

Answer to: What is the difference between an agent and non-agent of an EMI in Europe/UK?

Answer to: Since our company is about to obtain a Labuan Money Brokering license, may I know whether it is sufficient to use this license to apply to be a Registered Agent (RA) under an EMI holder?

Answer to: Isn’t the idea of ‘renting’ a license considered wrong? Could it have legal ramifications if we rented a license?

Answer to: Are banks legally required to perform AML and KYC checks when opening new accounts?

Answer to: How can I confirm whether a bank transfer was successful if the funds were deducted from my account?

Answer to: What happens if a wire transfer is sent to a bank account that does not exist?

Answer to: What are the eligibility requirements for a money transmitter license, and must a company actually hold customer funds?

Answer to: Why do US banks require the full legal name of foreign beneficiaries for international wires?

Answer to: What exactly are AML and KYC checks?

Answer to: What laws and regulations govern international remittances, and how do they differ across countries?

Answer to: What does it mean to acquire a Money Transmitter License (sponsorship)?

Answer to: Can we apply for a Lithuanian license if we are already incorporated in Ireland? That would be our preferred option given that we’ll need to staff operations in whatever country we do get our license.

Answer to: Can we also market in the African corridors we are licensed in and send/receive payments between the African corridors?

Answer to: There is no crypto-license sponsorship option in the EU, am I right?

Answer to: Can cryptocurrencies realistically support real-time micropayments and peer-to-peer transactions?

Answer to: Why might a US bank reject an incoming international wire transfer?

Answer to: What is the process for obtaining a money transmitter license in the US?

Answer to: Why do many P2P money transfer companies eventually pivot toward B2B payments?

Answer to: If I want to launch a crypto wallet, how can I secure a sponsoring bank for a crypto money transfer license?

Answer to: Can settlement funds be redirected to a bank account in a country different from the payout country?

Answer to: Can a money transfer agent outlet legally operate from a consulate or embassy location?

Answer to: Where can I find a detailed breakdown of money transmitter license costs in the United States?

Answer to: What is cryptocurrency-as-a-service?

Answer to: Is a money transmitter license adequate for launching crypto-related services in the US?

Answer to: Would a US Bank Account (Nostro) via Fedwire be held in a foreign country? Would that be classified as Nostro accounts?

Answer to: What is the difference between Reserve and Pre-funding under Balances & Reserves?

Answer to: What is Hawala or Hundi?

Answer to: As a sponsored party which parties do we share our customers’ KYC information with, if any?

Answer to: Who is responsible for anti-money laundering?

Answer to: What is Regulation-E in cross border funds transfer?

Answer to: In economics, what is a Pegged Currency?