DC Money Transmitter Business Licenses
If your business is providing money transmission services in the State of District of Columbia (DC), you may be required to have Money Transmitter License issued by the Non-Depository Division of the Department of Banking and Financial Institutions.
To obtain (and maintain) this license, the State requires an application, a $500 fee*, extensive supporting documentation, and annual renewals.
Furthermore, the State may reject your application if you have not met certain prerequisites** prior to submission.
Let LicenseLogix take care of the paperwork for you! We will prepare and file your application, and we will follow up with the State until you have received your District of Columbia Money Transmitter License. As licensing experts, we will streamline the entire licensing process, making it as painless as possible.
**Prerequisites may include register with DC Secretary of State .