Inactive Financial Institution Letters Money Services Businesses Registration List
March 10, 2004
CHIEF EXECUTIVE OFFICER (also of interest to BSA Compliance Officer)
Money Services Businesses Registration List
The Department of the Treasury's Financial Crimes Enforcement Network has updated the list of entities that have registered as Money Services Businesses.
The Federal Deposit Insurance Corporation (FDIC) is notifying financial institutions that the Money Services Businesses (MSB) Registration List, which is updated periodically by the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), has been updated and can be found on the Internet at http://www.msb.gov/guidance/msbstateselector.html.
The MSB Registration List identifies entities that have registered as MSBs from December 2001 through January 9, 2004, in accordance with the Bank Secrecy Act. The term "MSB" includes any person or organization doing business in one or more of the following services: money orders, traveler's checks, money transmission, check cashing, or currency exchange. The MSB list reflects information exactly as provided by the filers and comprises registrant names, "doing business as" names, and addresses.
The list is intended only as general reference for the public and should not be treated as definitive or determinative of an entity's registration status. The only determinative evidence of an entity's registration status is the acknowledgement letter from the Internal Revenue Service Detroit Computing Center (DCC) received by an entity after completing the registration process.
Information on MSB registration may be found at http://www.msb.gov/new/index.html. Inquiries regarding the MSB registration list should be directed to the FinCEN MSB Regulatory Helpline at 1-800-949-2732.
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).