Our highly specialized team brings each client a combination of deep industry knowledge and perspectives from other Principal MSB's on the challenge at stake.
Regular transactional monitoring tailored to your specific risk profile ensures employees are adhering to company policies. With recent advances in technology we can help you keep your cost of compliance down, click here to find out how.
A clean independent review of your AML Program will keep you in business and in good standing with your Principal MSB’s and banking partners. Find out how we can help.
A proper Anti-Money Laundering Program covering all regulated products protects you and the relationships with your Principal MSB’s and bank.
A group of colleagues came together to address a problem the independent retail agents have in the money transfer and check cashing market. We have seen the evolution of the market and our exposure to money laundering risks continues to grow as the stores become non-exclusive financial service centers. The cost of technology to mitigate the risks associated with this evolution has finally come down to where it can be used by small businesses. We want to help you manage your AML risks and stay in business.
Every team member at My MSB Compliance is CAMS (Certified Anti-Money Laundering Specialist) certified, with an average of 15 years of experience in money transfer and check cashing. We understand the special needs, budgets and challenges of small independent agents. We have watched the evolution of the MSB industry as exposure to risk continues to increase, but the cost of technology to mitigate these risks is more affordable than ever. My MSB Compliance wants to help you manage your AML risk using the latest technology and best practices while managing your bottom line.
We support money transfer, check cashing, money order, bill payments and top-ups
You should file a CTR If a customer conducts more than $10K in cash activity (cash activity includes: domestic and international remittances/money transfers, purchasing money orders and bill pay) in a calendar day.
Generally a SAR should be filed if you identify suspicious activity which can include customer behaviors, transaction patterns, unusual send amounts or forged IDs used with a transaction.
We keep up with the current news watching for trends that trickle down to the independent retail MSB's.
“Usar remitentes de dinero para lavar las ganancias ilegales de las drogas es solo una forma más en que los cárteles de la droga...
Read MoreCon los empleados y propietarios de agentes que facilitan el lavado de dinero, los reguladores recomiendan “enérgicamente” que todos los MSB principales tengan una...
Read MoreCompliance Officers CCO tiene la responsabilidad personal del programa contra el lavado de dinero Protéjase contra los blanqueadores de dinero con un programa sólido…
Read MorePlease contact us using the information below.
