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Guidelines for Transfer and Acquisition of Money Service Operator Licenses in Hong Kong,Cross-border currency exchange license transfer

Financial card care question

The Hong Kong Money Service Operator License is a formal financial license directly approved by the Commissioner of the General Administration of Customs.,It is a crime for individuals and businesses to provide monetary services in any way without a license。This is mainly to combat money laundering activities.。Obtaining a Hong Kong money services operator license has many benefits。Today we will focus on the matters related to the transfer and acquisition of money service operator licenses in Hong Kong.。

1,What is the purpose of acquiring a Hong Kong money services operator license? It has quite a lot of effects,For example, you can become an agent in Hong Kong for third-party payment giants such as WeChat or Alipay.,Earn a certain settlement commission。Able to provide sales loan services for many companies engaged in cross-border trade to return to the country.。Hong Kong as a world-renowned financial center,There is still a relatively large market space to earn the foreign exchange interest rate difference.。

Wild Card Acquirer,Collection and payment services,Physical currency exchange shops, etc. are all important functions of Hong Kong’s money service operator license.。 2,Hong Kong Money Service Operator License

transfer process

Are there any matters that require special attention? Whether applying for a Hong Kong money services license,Or consider direct acquisition,can meet the needs of licensees for business development。There is essentially no difference。

But one thing to note is that,When holding a Hong Kong money services operator license,any partner,director,License holder’s background must be clean,When transferring and changing the Hong Kong money service operator license,It is necessary to provide non-criminal certificate materials for each important position。 3,How long does a transfer usually take?

The transfer time is different from that of general types of Hong Kong financial licenses.,The transfer time of Hong Kong currency exchange license is relatively fast.,It usually takes about a month to complete,Obtain the consent of the Hong Kong Customs Department。But one thing that needs to be reminded here is that,In the process of making an acquisition,Be sure to conduct strict investigations into the background of the acquisition target,Ensure that there are no records of debt problems or irregular business operations。

It is an excellent Hong Kong financial license application and existing license transfer service provider in China.,Have first-class service resources,Able to provide corresponding processing and acquisition plans according to different customer needs。It is recommended that we need to learn more about the transfer and acquisition of money service operator licenses in Hong Kong.,You can call us directly to communicate and understand clearly.。


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Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong 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

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Picture of Chen Weilun

Chen Weilun

Chen Weilun, money service operator in Hong Kong (MSO) Compliance and regulatory practice areas include 12 years of experience。He served as head of the compliance department of the local payment and currency exchange licensing authority,Directly responsible for MSO license application、Anti-money laundering / Customer due diligence system (AML/KYC)、risk assessment design、Establish daily monitoring procedures and communicate with the Customs Department for review and other compliance tasks。

Areas of expertise:MSO license application、AML/KYC system、risk assessment、daily monitoring procedures、Customs Department review communication。

Previous institutions:Hong Kong MSO Payment Institution & Head of Compliance Department

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Hong Kong and Chinese team · Senior financial compliance experts