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MSB financial license in Canada

By Diego Reppas | June 22, 2021

Canadian MSB licensed company, that can also do crypto activities as well as online banking activities. 


Details of this transaction



  • The company can conduct these licensed activities:

  • Money remittance;

  • Forex dealing;

  • Crypto exchange

  • The MSB license activities permission also includes card issuing, IBAN account opening. So basically it can work as an online bank for money transfers + crypto activities.

  • The MSB can passport its services to the whole EU, in regards to the Canada-EU trade agreement.

  • The company comes with 2 banking accounts.

  • With this banking package, you can open segregated client accounts to store clients’ funds.

  • The company transfer can be done within 2 weeks.

  • In order to share company and license information, providing proof of funds will be necessary.

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