Illinois Money Transmitter license renewal
Renewing your Illinois Money Transmitter License
Illinois Money Transmitter licensing renewals: Illinois requires Money Transmitter companies to renew their license. Companies must also comply with federal, state and local laws. Other licenses or permits may also be required to be renewed depending on the location and nature of each particular business.
Renewing your Certificate of Authority
With certain limited exceptions, an Illinois Certificate of Authority is required to be renewed annually if a company does business in Illinois regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Illinois requires companies not incorporated in Illinois to obtain before “transacting business” within the state borders of Illinois .
License Fees
The filing fee for renewing a license as a Money Transmitter in Illinois is: Call for a free quote.
The filing fee for renewing an Illinois Certificate of Authority is $150.
Do you want to check on other states’ requirements for obtaining a New Money Transmitter license? Click here.
Illinois Money Transmitter license renewal
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Want to verify if an existing company is licensed in Illinois as a Money Transmitter company? Click here.