MONEY SERVICES BUSINESS
Money Services Businesses are non-financial business that transmit or convert money.
- Western Union
- MoneyGram
- Axcel Finance
- Fast Cash
- MyFi
- Corporate Services
- Unicomer Grenada Ltd.
Class of Licence | Description | Fees | |
Application Fee | Annual Licence Fee | ||
Class A | Money Transmission | $2,500.00 | $10,000.00 |
Class B | Issuance, Sale and Redemption of Payment Instruments | $2,500.00 | $10,000.00 |
Class C | Cheque Cashing | $2,500.00 | $10,000.00 |
Class D | Currency Exchange | $2,500.00 | $10,000.00 |
Any other services as the Minister may specify by Notice published in the Gazette | $2,500.00 | ||
Late fee for filing of returns | $2,500.00 |
0
REGISTERED MONEY SERVICES BUSINESSES