Money services businesses (MSBs) must register with the Financial Crimes Enforcement Network at the United States Treasury Department. MSBs include businesses that cash checks, handle money orders, or conduct other currency exchange.
An MSB operator must:
- complete a mandatory registration
- maintain a list of authorized agents
- report suspicious financial transactions
Interested businesses must register online with FinCEN. Some of their information will be available to the public. This publication is required by law.