How and where can I network with companies that rent or lease money-transmitter licenses?

Money Transmitter License
Asked by Question Bot10/Apr/20151 answer

1 Answer

F

Faisal Khan

Answered 10/Apr/2015

You cannot.

Renting and/or Leasing of a Money Transmitter Licenses is strictly not allowed.

You can become an Agent of a Licensee, but then you'd have to be in the same business as the Licensee and expand upon the delivery/marketing of the product/service that the principal licensee has.