What kind of businesses need a money services license? Wild Card Acquirer，Collection and payment，Open a physical exchange store，exchange bank，Cross-border payment platform，Alipay’s Hong Kong agent，If there is a company similar to this, they need to apply for a Hong Kong money services license.。Summarize the above industries，We can also see，Requires MSO license，Mainly engaged in currency exchange services and remittance services。
So，Transfer of Money Services License，How long does it take to acquire the MSO license? 1，After successful application for Hong Kong MSO license，Can I add more business locations myself? Not allowed。Each MSO licensed corporation or individual needs to obtain approval from the General Administration of Customs for each additional business location.，You cannot increase your business premises privately。Otherwise, you may face penalties from customs。2，How long is the validity period of a Hong Kong MSO license?
Generally valid for two years。But if in the course of business，Death of licensed individual，Then this MSO license will also lose its effectiveness.。There is also a situation，That means the license belongs to a corporation.，If this corporation faces liquidation during the period，So no matter how long the time is shown on the license plate，The Hong Kong MSO license will be terminated。3，Hong Kong MSO license application
Require
Is it necessary to have a business location? No。
Many intermediaries who don’t know much about it introduce Hong Kong MSO in articles.
Application process
Must have actual business premises。If the business process is only to provide door-to-door services，All meetings with customers are at the customer's premises，Or just provide money services on or online。Then you only need to provide a mailing address during the application process.，It is not necessary to have a fixed business address。
4，Hong Kong MSO License
Application process
Is a site review required? Yes。Every registered Hong Kong MSO licensed business premises needs to be reviewed，There was a problem before，That's because some people are afraid of trouble，One or two understatements。Many people may not understand，This involves crime，May result in penalties or even jail time。
With the continuous development of economic level，Expansion of capital inflows and outflows，Hong Kong Customs will inevitably adopt a stricter attitude in supervising Hong Kong MSO license applications.。Judging from the current form，Applying for an MSO license is already a hassle，Raise standards in the future，It will definitely increase the value of the license itself.。About the transfer of money services license，That’s all the information on how long it will take to acquire the MSO license.，Hope this article is helpful to you。
If you need to acquire a money services license，You can contact me directly。Related products：Transfer of Money Services License , How long does it take to acquire an MSO license?
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