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Hong Kong Money Service Operator License:Advantages

Financial card care question

Money services regulated by Hong Kong Money Services Operator License,Covercurrency exchange servicesandRemittance service。Money Changing Service refers to a currency exchange service operated as a business in Hong Kong。Remittance Service refers to a business operating in Hong Kong、Providing one or more than one of the following transaction services:

  • 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。

Hong Kong company registration、Hong Kong Money Services License、Application and transfer of Hong Kong financial license,All must meet relevant requirements。To apply for a Hong Kong money services license, you need to meet the following main conditions::

  1. Register a Hong Kong company or an overseas company registered with the Companies Registry;
  2. Have a physical business address;
  3. Provide relevant identity and background certification information for shareholders and directors;
  4. Appoint at least 1 personLicensee(Recommended for Hong Kong permanent residents,The approval rate is higher);
  5. Have appropriate registered capital;
  6. Complete the interview with the customs department。

The number of money service practitioners and licensees in Hong Kong continues to grow,Mainly due to Hong Kong’s status as an international financial center,Open financial policies coexist with strict supervision,Coupled with the increasingly active foreign trade environment in the Mainland,。Many foreign trade companies use Hong Kong accounts to transfer foreign currency payments.,Remittance and exchange settlement are more convenient,Thus flowing smoothly into mainland accounts。This has also given rise to market demand for providing supporting services to foreign trade companies without Hong Kong bank accounts.。

Hong Kong Information Communication is familiar with the policy changes of Hong Kong regulatory authorities,Able to focus on Hong Kong companies、Licensee、Provide comprehensive services for core elements such as office space,Through systematic handling model,at speed、Continue to establish advantages in cost control and professionalism。

Hong Kong Xintong's advantages in money services license services

Hong Kong Xintong has been deeply involved in the field of money service licenses in Hong Kong for a long time,With timely grasp of policies、Mature service system and stable licensee resource network,Provide customers with efficient、One-stop solution for compliance。

About Hong Kong Xintong

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