MSB Mexico
A Money Transmitter license permits a company to:
Transfer money or value: The company can operate in transferring funds domestically and internationally.
Issue and manage payment Instruments: This includes handling checks, money orders, and electronic transfers.
Provide remittance services: This license covers services for sending money abroad, a common need among immigrant communities.
Registration application process to operate as a Money Transmitter:
- Business Model
- Preparation of the infrastructure.
- Iteration of the documentation
- Coordination for obtaining the technical opinion.
- Written request (formal)
We will guide you through the services that your Money Transmitter can offer.
We will make recommendations for optimizing the platform in terms of the Law and its general provisions.
During preparation of the documentary/legal infrastructure, we will provide you with accelerators that will work under the Agile methodology.
*Accelerators are versions of the document that contain the minimum viable infrastructure. In parallel, we will train you to build the rest of the document so that you can launch it efficiently, with one-week sprints, as well as review it until you have the final version.
Other Requirements:
- Compliance Officer, certified by the National Banking and Securities Commission.
- Physical establishment
- Payment of official fees (2,900 EUR)
Third Party Requirements:
- Developers who can modify your platform for legal compliance;
- Personal data protection officer, risk management officer, managing director, chief information security officer.
*This can be you as there are no special requirements.
Money transmitter infrastructure with physical operations:
• 44.900 EUR
MTPO: Allows sending of resources (Fiat, BTC, Alt coins and Stable coins) with a physical branch and in-person clients
Money transmitter infrastructure with digital operations:
• 55.900 EUR
MTDO: Allows sending of resources (Fiat, BTC, Alt coins and Stable coins) with non-face-to-face digital operations (approximate monthly limit of USD 5K to 7K per user, regardless of the number of operations and is per month; limited to natural and legal clients of Mexican nationality; clients of foreign nationality will only be able to make purchases through physical/face-to-face channels).
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@Ready_Company
Crypto Payments also accepted
Ready Corp Ltd
Registration Number 15874528
Registered Office
20 Wenlock Road, London, England, N1 7GU
T: + (44) 20 7660 1462
E: operations@readycorp.co
Telegram: @Ready_Corp
Services supplied by Ready Corp Ltd or its providers are regulated and authorized by the appropriate authority in each of their respective jurisdictions.
SPAIN :
Mapfre Tower, Planta 27, Carrer de la Marina, 16-18.
Barcelona, 08005
spain@readycorp.co
ARGENTINA:
Libertador Avenue 101
10th Floor, Vicente Lopez
Buenos Aires, B1638BEA
argentina@readycorp.co
EL SALVADOR:
89 Avenida Norte y Calle El Mirador,
Local 201 A, Edifício World Trade Center, torre 1
San Salvador
elsalvador@readycorp.co
BRAZIL:
Avenida Paulista, 2064, 14º andar, Bela Vista
São Paulo, SP 01310-200
brazil@readycorp.co
MEXICO:
Paseo de la Reforma 284, piso 17
Ciudad de México 06600.
mexico@readycorp.co
Office in Spain:
Office in Argentina:
Office in El Salvador:
Office in Brazil:
Office in Mexico: