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Can I obtain a money transmitter license in Montana? What are the requirements?

To obtain a money transmitter license in Montana, you must comply with the requirements set forth in the Montana Money Transmitter Act (MMTA) [1.1]. The MMTA requires that a person engaging in the business of money transmission in Montana must obtain a license from the Montana Division of Banking and Financial Institutions [1.1].

Requirements for a Money Transmitter License in Montana

To obtain a money transmitter license in Montana, you must meet the following requirements [1.1]:

Additional Information

For more information on the requirements for obtaining a money transmitter license in Montana, you may refer to the Montana Money Transmitter Act [1.1] and contact the Montana Division of Banking and Financial Institutions.

Note that the context documents provided do not contain any information on professional employer organization or group licenses [2.1] or license agent applications [3.3].