Are there Canadian banks willing to open accounts for money services businesses despite tighter MSB policies?

Banks worldwide have clamped down, so to speak on MSB businesses. It all starts with your AML/KYC program. You need to be able to meet or exceed the requirements set internally by banks, before they will consider your business. In most cases, they would just refuse to do business with an MSB entity.

Your best shot at this are two folds:

1. Talk to an Attorney that is in this field and they can possibly introduce you (for a fees) to an MSB friendly bank
2. Work with investors who have a deep pockets, that might get the doors opened for you.

At the branch level, don't even bother, they have been instructed to essentially deny you business.