Maryland Money Transmitter license renewal
Renewing your Maryland Money Transmitter License
Maryland Money Transmitter licensing renewals: Maryland 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, a Maryland Certificate of Authority is required to be renewed annually if a company does business in Maryland 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 Maryland requires companies not incorporated in Maryland to obtain before “transacting business” within the state borders of Maryland .
License Fees
The filing fee for renewing a license as a Money Transmitter in Maryland is: Call for a free quote.
The filing fee for renewing a Maryland Certificate of Authority is $150.
Do you want to check on other states’ requirements for obtaining a New Money Transmitter license? Click here.
Maryland Money Transmitter license renewal
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Want to verify if an existing company is licensed in Maryland as a Money Transmitter company? Click here.