U.S. Licensed MSB Seeking Banking Relationship (Remittance Corridor: Central Asia)

Summary

A FinCEN-registered U.S. money services business with approved money transmitter licences in Nebraska, Kansas, Iowa and Missouri is looking for a long-term relationship with an FDIC-insured U.S. bank. The accounts will support licensed domestic and international money transmission, including a Central Asia remittance corridor. Audited 2025 financials, a dedicated compliance officer and transaction monitoring are in place.

Description

A U.S.-registered and FinCEN-registered Money Services Business is seeking a long-term banking relationship with a U.S.-based FDIC-insured financial institution to support licensed domestic and international money transmission operations.

Current Licensing Status

Approved Money Transmitter Licenses: Nebraska; Kansas; Iowa; Missouri.

Pending Applications: Colorado; Illinois; Pennsylvania; New Jersey; Florida; Ohio.

Compliance & Financial Profile

The company maintains: Audited 2025 financial statements; Tangible net worth exceeding US$625,000; Full AML/BSA policies and procedures; KYC and OFAC screening; Independent AML compliance review; Dedicated compliance officer; Transaction monitoring systems.

Explicitly NOT Involved In

The company does NOT engage in: Cash handling; Check cashing; Lending; Prepaid card programs; Nested activity; Correspondent banking; Sanctioned or prohibited jurisdictions.

Banking Requirements

Seeking support for: Business operating accounts; Customer fund receipt accounts; ACH capabilities; Domestic wires; International wire / SWIFT support; FBO / safeguarding structures if required.

Transaction Profile

Primary transaction activity involves compliant remittance and payment flows between the United States and a Central Asian corridor.

Expected launch-phase transaction volume: US$500,000 – US$1,000,000 monthly; Expected growth trajectory beyond launch phase.

Ideal Banking Partner

Seeking a banking institution experienced with: Licensed MSBs; Compliance-focused remittance businesses; Cross-border payments; International settlement activity; Growth-stage money transmission companies.

Additional Notes: Serious and vetted operator; Full documentation available under NDA; Long-term banking relationship preferred; Compliance-first operational approach; Seeking stability, transparency, and scalability rather than “transactional banking”.