FINTRAC MSB registration support: application or registry search?.

The current reference price for Canadian FINTRAC MSB registration support is US$12,000 per engagement. This is a USD reference price. Final fees, delivery scope, and timing are confirmed before work begins. This amount is a service fee; regulator fees, provincial matters, and other professional services are confirmed separately under the written scope.

Timing depends on whether the application and any follow-up materials are complete. Do not treat service-preparation time as the regulator’s total processing time. FINTRAC states that most complete applications are processed in about three months, while complex applications may take longer. Arrange the applicable registration before operating; the current processing guidance and follow-up requirements on FINTRAC’s official pages prevail. Tell us your desired completion date when you enquire, and we will set out the preparation, filing, and follow-up steps when confirming the scope.

We help determine MSB or FMSB status, prepare registration or update materials within the confirmed scope and submit them through the designated channel; an FMSB must also arrange a Canadian representative for service where required. Account login, public-register searches and registration/update applications are three distinct actions.

An MSB that provides regulated services in Canada, or an FMSB that directs regulated services from outside Canada to Canadian clients.

We help confirm the service scope, prepare materials, arrange filing, and track progress. Service scope, deliverable documents, fees, and responsible parties are confirmed in writing before work begins; qualified professionals handle or review legal and compliance judgements.

FINTRAC MSB / FMSB registration is registration as a reporting entity under Canada's anti-money-laundering and anti-terrorist-financing regime.

The market often calls this a "Canadian MSB licence", but FINTRAC does not issue licences or registration certificates. Canadian MSBs, foreign FMSBs and agents are assessed differently. Confirm the actual services, client locations and operating model before preparing a registration.

Meet applicable federal registration requirements and allow the public to check the business's current registration status and filing services.

• Meet applicable Canadian federal anti-money-laundering registration obligations and establish a status record verifiable by the public.
• Explain registration status and the scope of self-reported services to banks, payment partners and clients.
• Organize entity information, agents, service categories and ongoing compliance arrangements into records that can be updated.

FINTRAC does not issue licences or registration certificates; registration does not mean approval, endorsement or confirmation that a business is reliable.

FINTRAC MSB/FMSB registration is not a licence, certificate or regulatory endorsement. Entity classification, reporting duties and other licensing must be confirmed against the actual business by qualified Canadian legal and compliance professionals.

• Determine MSB/FMSB: Verify the operating location, Canadian clients, service type and whether the business acts only as an agent of an already registered entity.
• Apply for or update registration: Complete applicable registration before starting business; update changes in information and biennial renewal under FINTRAC's current requirements. FINTRAC registration itself has no fee.
• Organize entity information: Prepare information on banks, the compliance officer, ownership and management, locations, agents, and company documents.
• Secure filing and follow-up materials: Submit through FINTRAC's designated channel and respond to supplementary requests; an FMSB must arrange a Canadian representative for service.
• Handle sign-in and register searches separately: Use the appropriate entry points separately for account login, applications / updates, and public-register searches. Check public status, update information promptly when it changes, and note that registration is valid for two years.

No. The points below describe the nature of the project and key rules; they are not a service-completion timeline. At formal filing, verify them against the actual business, start date and current rules.

• Project nature: AML/CFT regulatory registration
• Application timing: Before beginning operations
• Registration fees: FINTRAC does not charge a fee
• Validity period: Renewal is required after 2 years.

Delivery is governed by the agreed scope and documents actually obtained; submission, acceptance, registration and approval status are recorded separately.

• Submission materials and correspondence records: Within the confirmed scope, organise registration materials and records of submissions and supplementary-document correspondence actually obtained.
• Public-registration-status explanation: Provide a FINTRAC register-search entry point and guidance for checking status; do not deliver any purported licence certificate.
• Update and renewal checklist: Set out follow-up arrangements for registration-information updates, renewals, and ongoing compliance matters.

The following information comes from FINTRAC official pages and the public register. Service scope, form access points and documentary requirements may change and must be rechecked before submission.

• FINTRAC:MSB / FMSB Definition and Obligations ↗
• FINTRAC:How to Register ↗
• FINTRAC:Money Services Business Registry ↗
• FINTRAC:Update, Renew or Cancel ↗

• Appoint a designated compliance officer and establish policies, risk assessments, training, and an effectiveness review every two years.
• Meet requirements for customer identification, beneficial ownership, ongoing monitoring, transaction reporting and recordkeeping.
• Comply with the travel rule where applicable and update FINTRAC records when information changes.
• Complete renewal before the two-year validity period expires. Other federal, provincial, or sector licences still need separate assessment.

Banks and payment institutions conduct their own reviews. A filing or registration does not itself guarantee successful account opening; other federal, state, provincial, or industry requirements must be confirmed separately in light of the actual business. Related services, timing, and fees are specified separately under the agreed scope.

First check the filing fields, control relationships, actual business and coverage regions affected by the change. A professional then confirms whether amendment, updating or re-registration is required, and the corresponding records are retained.