Your business may be an MSB (Money Services Business) if…
MSB
The business offers one or more of the following services: money orders traveler’s checks check cashing currency dealing or exchange stored value
-OR-
The business: Provides money transfer services in any amount.
-AND-
business: Conducts more than $1,000 in money services business activity with the same person (in one type of activity) on the same day.
