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Author Topic: Offering Step By Step Services For Obtaining Your MSB License + BSA/AML Policy  (Read 226 times)
TRLBitTrade
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May 06, 2015, 07:45:03 PM
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It is important to know the rules and laws you are required to abide by as a Money Transmitter in your jurisdiction. If you are trading Bitcoin, you are indeed in many places considered a Money Transmitter. This would require you to register as a Money Service Business to operate legally within the United States (different countries and jurisdictions may require something different. On top of this, you would also have to develop a BSA/AML policy in regards to how you operate and function. Coinbase and other exchanges will actually shut your account down without warning if you fail to provide one and fall under a Money Transmitter. The reason I know this personally is because when I was unaware of licenses, I was shut down at one point in time. If you're new to Bitcoin trading, this can seem stressful, and very confusing. It could also cost hundreds to thousands of dollars to talk with lawyers and have them develop these requirements for you. With T.R.L Bit Trade, aside from our trading services, we also provide a guidance service for a small one time payment of 0.25 BTC. That has ranged from $50-60 USD the past week. Our guidance gives you step by step instructions on how to apply for a MSB License, what forms you are required to fill out, and also how to go about developing a BSA/AML Policy. Keep in mind, we cannot fill out this information for you, but we can provide you a very simple guide on how to go about this without paying an insane amount of money for someone to do it for you. If you are nervous about paying for something without receiving a service, we can surely develop a small contract to state the services we will offer in return for your payment.

If you are interested, you can head to my website which is being slowly but surely worked on. http://www.trlbittrade.com/services.html
Fill out the form on the bottom and I will be able to contact you there. If you want to know a little bit about me personally, here is a brief overview. I have an Associates Degree in Criminal Justice, as well as a Bachelor's Degree in Administrations of Criminal Justice. My business T.R.L Bit Trade is registered, and I have BSA/AML policies in place as a registered Money Service Business. My goal is to help new bitcoin users become aware of things they may want to consider before trading, at a low and affordable cost.
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July 10, 2018, 05:42:31 AM
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Are you still operating? Your website link is broken.
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