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Each licensed money transmitter and currency exchanger wishing to renew a license shall file a renewal application between November 1 and December 31 of the calendar year through the NMLS.

Please update your record prior to the start of the renewal process as this may cause a delay in renewing your license. The failure of a money transmitter or currency exchanger to timely file a renewal application shall subject the licensee to a late fee of two hundred and fifty dollars ($250).


Effective April 30, 2022, applicants for a money transmitter license are required to meet all surety bond requirements by completing the electronic surety bond process through NMLS.

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