MSB Licensing Services in Canada
Get your money services business registered with FINTRAC and operating legally. Our specialists manage your Canadian MSB license application end to end, from PCMLTFA compliance program to approved FINTRAC registration, so you launch without delay.
What a Canadian MSB License Really Means
In Canada, an MSB license is technically a FINTRAC registration under the PCMLTFA. Whichever term you use, the outcome is the same: legal authorization to operate a money services business. We handle the full registration process so your firm is listed, banked, and fully compliant.
Who Needs to Register
You need an MSB license in Canada if you deal in foreign exchange, remit or transfer funds, issue money orders, trade virtual currency, or operate a crowdfunding platform. Both domestic and foreign businesses serving Canadian clients must register with FINTRAC. We confirm your obligations before you commit to the process.
Eligibility Review
We confirm which of your activities require FINTRAC money services business registration.
FINTRAC Registration
We prepare and submit your complete MSB registration through the FINTRAC portal.
Compliance Program
We build the PCMLTFA compliance program and policies FINTRAC requires from registrants.
Ongoing Support
We maintain your reporting, training, and risk assessment obligations after registration.
Ready to Simplify Your Compliance?
Businesses We Help Register
We support currency exchanges, remittance and money transfer firms, cryptocurrency platforms, payment processors, and foreign businesses entering Canada. Whether you are a startup or an established operator, we tailor your registration to your specific money services.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Choose Our MSB Licensing Team
Bankable Setup
Registration alone rarely secures a bank account, so we build the compliance depth banks demand before opening one.
Compliance Built
Your PCMLTFA program, CAMLO framework, and record-keeping are built in, keeping you audit ready from day one.
Fast Turnaround
A well-prepared application clears FINTRAC quickly, so most clients are registered within a few weeks, not months.
Serving MSBs Across Canada
We register money services businesses nationwide, from Ontario and Quebec to Alberta and British Columbia, and we support foreign firms directing services at Canadian clients. Your MSB registration meets federal requirements wherever you operate.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
MSB Licensing Questions
Clear answers to the questions businesses ask most about obtaining a Canadian MSB license and staying compliant with FINTRAC after registration.
Is it a license or registration?
Canada issues MSB registrations, not licenses, though the terms are used interchangeably. Registration with FINTRAC gives you legal authorization to operate a money services business.
How much does an MSB license cost?
FINTRAC charges no government fee for MSB registration. Your fee covers professional preparation of the application, compliance program, and policies needed to stay compliant.
How long does MSB registration take?
A complete, well-prepared FINTRAC application is often processed within a few weeks. Timelines extend if documentation is incomplete or the compliance program needs rework.
Can foreign companies get registered?
Yes. Foreign money services businesses serving Canadian clients must register with FINTRAC as foreign MSBs, and we manage that process alongside domestic applications.
What must I do after registering?
Registration begins ongoing obligations. You must maintain a compliance program, appoint a qualified compliance officer, file required reports, train staff, and renew your registration periodically.