Detailed introduction: Hong Kong MSO license is the abbreviation of Hong Kong Money Services License。To put it simply，It is a license established for those who operate or want to operate currency exchange services or remittance services.，Must apply at Hong Kong Customs。Currency exchange services refer to currency exchange services operated as businesses in Hong Kong，However, it does not include such services incidental to the main business。
Remittance services refer to those carried on as a business in Hong Kong，Send money or arrange for money to be sent outside Hong Kong，Receiving or arranging to receive money from a place outside Hong Kong，Arrange to receive money outside Hong Kong。How to apply for a license? Applicants must fill in the application form and relevant attachments，and submit(i)business plan；(ii)Anti-Money Laundering and Counter-Terrorist Financing Policy. Complete all sections of the application and attachments that apply to the applicant。
Submit the completed application form and attachments together with copies of the required documents、Business Plan and Anti-Money Laundering Policy，Mail or submit it to the Money Services Supervision Division of the Customs and Excise Department for processing.。How will the application be processed? After Customs receives the license application form,，A notification confirming receipt of the application will be sent to the applicant.，And when necessary, send a letter to the applicant to urge the applicant to submit outstanding documents.。
If the applicant fails to provide the required information or submit the required documents in the application and attachments within the specified period，Includes business plans and anti-money laundering policies，The application will be deemed invalid，Will not be processed by customs。If all required documents are confirmed to be in compliance
Require
，The applicant will receive a meeting notice and apply for the grant of license and fitness and fitness determination.
cost
bill of payment。Applicants should bring this notice with them、The payment records and original copies of the required documents will be met with our department staff at the allocated time.。
Our staff will check the original documents and payment records during the interview。The applicant must sign on the money services operator license application form in front of Customs officers。Under what circumstances will the Commissioner refuse to grant an applicant a money services license?
For example，The Commissioner will refuse to grant a license under the following circumstances:，and inform the applicant of its decision by written notice：(a)The applicant or one or more applicants in the applicant's business failed to pass the fit and proper determination；(b)The proposed premises are not suitable for the operation of money services；(c)The applicant failed to obtain the written consent of each occupier of the residential premises used for operating money services，Allow authorized persons to enter the premises for routine inspections；(d)Applicant failed to submit information on local storage account and record location；(e)The applicant chooses not to operate money services at a specific premises and fails to submit information on the local management office；(f)The applicant failed to provide business plans and anti-money laundering policies in accordance with relevant guidelines issued by the Customs；(g)The applicant failed to employ a qualified compliance officer；(h)The application submitted by the applicant is incomplete or invalid；Since the establishment of Hong Kong Xintong International，We have helped dozens of companies, large and small, successfully obtain Hong Kong financial licenses。
The above is only the information provided for applying for a Hong Kong money services license。Is it easy to handle the MSO license?，Money Services License
Application conditions
Any questions about the process?，Or there are other needs，You can contact me directly，Learn more。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
