The "black swan" at the beginning of 2020 has had a real impact on everyone's economy，Therefore, many people in the investment community are looking for ways to preserve the value of their assets.，Some people choose to buy a house among the vast number of ways online，Some people choose to start an online business，Others choose to operate conservatively，The Hong Kong Xintong team will take you to understand the Hong Kong MSO money service license：With the development of the Internet economy，Payment licenses are increasingly important，Paperless money transactions take over our lives，in、Alipay is a well-known payment license company in China，Many big names want a piece of this pie，But it is not easy to apply for a payment license in China，Then he went abroad。
Hong Kong is an Asian financial center，Financial policies are relatively open and liberal，Has a large foreign exchange market，Many entrepreneurs also take a fancy to this。Cross-border payment、Cross-border fund management platform、Wild Card Acquirer、Collection and payment platform、Physical exchange shop，It involves money services license。To operate a currency exchange in Hong Kong, you must apply for an MSO money service license. Let’s learn what a money service license is. Money service refers to currency exchange services or remittance services.。
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，For example, a retail business that accepts foreign currency in transactions or is so operated by a person who manages a hotel、Services that meet the description below：(a) the service is operated on the hotel’s premises，Mainly for the convenience of customers staying in the hotel；(b) Only includes the person’s purchase of non-Hong Kong dollar currencies in exchange for Hong Kong dollar currencies.。
Remittance services refer to those carried on as a business in Hong Kong、Provide services for one of the following transactions：(a) Sending money or arranging for money to be sent to a place outside Hong Kong；(b) Receive or arrange to receive money from a place outside Hong Kong；(c) Arrange to receive money outside Hong Kong。
Business units that have not applied for a license，Once caught, it will be illegal，According to Chapter 615 of the Laws of Hong Kong "Anti-Money Laundering and Counter-Terrorist Financing"(financial institution)Regulations(Anti-money laundering regulations)Implemented on April 1, 2012，It was revised into the "Anti-Money Laundering and Counter-Terrorist Financing Ordinance" in February 2018。
In accordance with anti-money laundering regulations，Anyone wishing to operate remittance and/or currency exchange services(i.e. money services as defined in the Anti-Money Laundering Ordinance)Persons must apply for a license。Operating money services without a license，It is a crime，Once convicted，punishable by a fine of $100,000 and imprisonment for 6 months。
attached：Information required to apply for a money services operator license：1：Original registration certificate of the company applying for；2:Original business registration certificate (BR) of the company you are applying for；3：Apply for clear scans of ID cards or passports of company directors and shareholders；4:Apply for clear scanned copies of travel documents (Hong Kong and Macau passes) of company directors and shareholders；5：Two copies of the company’s articles of incorporation；6：Apply for a copy of company account information，Can accurately reflect the company’s account name and account number。
7：Company business description。In fact, it is not difficult to apply for a Hong Kong MSO money services license.，只要您注意以上文中提到的关键点，整理相关资料就可以进行办理了，但是有些资质办理确实耗时长，耗费精力巨大。Enterprises can entrust this part of the business to agents，Hong Kong Xintong Business Service Company is an old company that has been focusing on qualification agency for 12 years.，We have far-reaching influence and good customer reputation in the industry。
We can provide your company with professional and reliable services in terms of qualification processing! Related products：Hong Kong MSO money services license transfer
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。
