MSB
An MSB (Money Service Business) is a business that provides money transmission, currency exchange, or cheque cashing. In Canada, MSBs must register with FINTRAC; in the US, with FinCEN and state regulators. MSBs often struggle to get bank accounts because they are classified as higher risk. VeriRail provides the compliance framework and pre-vetted banking relationships that help MSBs get safeguarding accounts and stay compliant.
Need access to safeguarding accounts, FBO structures, or VARA/FCA/FINTRAC-aligned rails? VeriRail provides the License Support, Compliance Framework, and Pre-Integrated Tier 1 Banking Rails. Live in 4–12 weeks.
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