Compliance & Legal 

Associated Foreign Exchange, Inc. (“AFEX”) is licensed and regulated as a Money Transmitter by the below Regulatory State Agencies. AFEX is also registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), a bureau of the United States Department of the Treasury (Document Control Number: 20113470000126).

State

License Number  

Regulatory Agency

Statute

Alabama MT 501 Alabama Securities Commission Alabama Money Transmission Act

Alaska

10124

Alaska Division of Banking and Securities

Alaska Money Services Act

Arizona

MT-0923654

Arizona Department of Financial Institutions

Transmitters of Money Act

Arkansas

112205

Arkansas Securities Department

Uniform Money Services Act

California

2275

California Department of Business Oversight

Money Transmission Act

Colorado

500203

Colorado Division of Banking

Money Order Act

Connecticut

31670

Connecticut Department of Banking

Money Order and Travelers Check Licensees Act

Delaware

 

Delaware Office of the State Bank Commissioner

The Sale of Checks Act

District of Columbia

MTR8930

Department of Insurance, Securities and Banking

Money Transmitter Law

Florida

FT230000098

Florida Office of Financial Regulation

Money Transmitters Code

Georgia

36546

Georgia Department of Banking and Finance

Sale of Checks Act

Hawaii

HIMT094

Hawaii Department of Commerce and Consumer Affairs

Money Transmitters Act

Idaho

MTL-0211

Idaho Department of Finance,  Securities Bureau

Money Transmitters Act

Illinois

MT 196

Illinois Division of Financial Institutions

Transmitters of Money Act

Indiana 41297 Indiana Division of Financial Institutions Indiana Money Transmitter Act

Iowa

2017-0074

Iowa Division of Banking

Money Services Act

Kansas

MT-0000049

Kansas Office of the State Bank Commissioner

Money Transmitters Act

Kentucky

93759

Kentucky Department of Financial Institutions

Kentucky Money Transmitters Act of 2006

Louisiana

1026001

Louisiana Office of Financial Institutions

Sale of Checks and Money Transmission Act

Maine

MD1489

Maine Bureau of Consumer Credit Protection

Money Transmitters Act

Maryland

1026001

Department of Labor, Licensing and Regulation

Maryland Money Transmitters Act

Massachusetts FT1026001

Massachusetts Office of Commissioner of Banks

M.G.L. c. 169, Receipt of Deposits for Transmittal to Foreign Countries

Michigan

MT 0018595

Department of Insurance and Financial Services

Money Transmission Services Act

Mississippi

1026001

Mississippi Department of Banking

Sale of Checks Act

Minnesota  MN-MT-1026001 Minnesota, Department of Commerce, Financial Institutions Division Minnesota Money Transmitters Act

Missouri

MO-18-8158

Missouri Division of Finance

Sale of Checks Law

Nebraska

1026001

Nebraska Department of Banking and Finance

Sale of Checks Act

Nevada MT11094 Nevada Department of Business & Industry, Financial Institutions Division

Issuers of Instruments for Transmission or Payment of Money Statute

New Hampshire

18207-MT

New Hampshire Banking Department

Money Transmission Act

New Jersey

L066367

New Jersey Department of Banking and Insurance

Money Transmitters Act

New Mexico

 

New Mexico Regulation and Licensing Department

Uniform Money Services Act

New York

MT 101435

New York State, Department of Financial Services Banking Department

Money Transmitters Act

North Carolina 179816 North Carolina Commissioner of Banks North Carolina Money Transmitters Act

North Dakota

MT102537

North Dakota Department of Financial Institutions

Money Transmitters Act

Ohio

OHMT 087

Ohio Department of Commerce, Division Of Financial Institutions

Transmitters of Money Law

Oklahoma

 

Oklahoma Banking Department, Money Transmitter Division

Oklahoma Financial Transactions Reporting Act

Oregon

MTX-30134

Oregon Division of Finance and Corporate Securities

Money Transmitters Act

Pennsylvania

43572

Transmit Money By Check, Draft or Money Order By The Department of Banking, Commonwealth of Pennsylvania

Licensing Business of Transmitting Money or Credit Act

Puerto Rico

TM-075

Oficina del Comisionado de Instituciones Financieras

Laws to Regulate the Business of Money Transfers

Rhode Island

20132884MT

Rhode Island Division of Banking

Sale of Checks and Electronic Money Transfers Law

South Carolina   South Carolina, Office of the Attorney General, Money Services Division South Carolina Anti-Money Laundering Act

South Dakota

MT.2135

South Dakota Department of Labor and Regulation

Money Transmission Laws

Tennessee

173

Tennessee Department of Financial Institutions

Tennessee Money Transmitter Act

Texas

3078

Texas Department of Banking

Money Services Business Statute

Utah

100

Utah Department of Financial Institutions

Check Cashing Registration Act

Vermont

100-059

Vermont Department of Financial Regulation

Money Services Act

Virginia

MO-282

Commonwealth of Virginia State Corporation Commission

Money Order Sales and Money Transmission Services

Washington

550-MT-84093

Washington Department of Financial Institutions

Uniform Money Services Act

West Virginia

MT-1026001

West Virginia Division of Financial Institutions

Issuance and Sale of Checks, Drafts and Money Orders Act

Wisconsin

184

Wisconsin Department of Financial Institutions, Division of Banking

Seller of Checks

Wyoming 7249 Wyoming Department of Audit, Division of Banking Wyoming Money Transmitter Act
U.S. Virgin Island MT-20

U.S. Virgin Islands Department of Banking and Insurance

Money Transmitter Act