Archives: Financial license

Singapore payment licenses are divided into standard payment institution (SPI) and major payment institution (MPI) licenses, Regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act. Approved services may include account issuance, Domestic and cross-border transfers, Merchant Acquirer, Electronic money and digital payment token services. (e.g. Wise, Airwallex).

Kazakhstan FSP payment license, Official license to provide monetary services belonging to the Astana International Financial Center, Regulated by the Astana Financial Services Authority (AFSA). Permitted business may include currency exchange, payment instrument, Stored value, Payment transactions and remittances, The scope of application is approved activities carried out within the territory of AIFC.

Payment services in Mauritius are subject to different licenses based on service objects and modes.. Providing payment services to Mauritius, A payment service provider license is generally required to be issued by the Bank of Mauritius under the National Payment Systems Act; A global business company that only provides payment intermediary services overseas, You may need to obtain a payment intermediary services license from the Financial Services Commission (FSC).

Georgia PSP License, Officially called Payment Service Provider Registration, Managed by the National Bank of Georgia (NBG) in accordance with the Law on Payment Systems and Payment Services. Registration services may include payment account collection and payment, transfer, Payment instrument acquisition, electronic money, remittance, Payment initiation and account information services. (e.g. TBC PAY, eMoney Georgia).

So called Comoros Mwali Offshore Banking License, Usually refers to a license claimed by the Mwali International Services Authority to be issued under the local Banking Act 2013. The Central Bank of Comoros has announced in 2025, MISA does not have the authority to issue banking licenses, The offshore banking license issued by it is illegal, Does not serve as legal authorization to conduct banking business in Comoros or other markets.

Georgia Digital Bank License, Essentially a commercial banking license issued by the National Bank of Georgia (NBG), And add restrictions in stages according to the digital bank licensing principles.. Licensed banks may accept deposits within the permitted scope, Grant loans and provide payment and other banking services, Digital business models will not change banks’ prudential supervision obligations.

Vanuatu International Bank License, Approved and regulated by the Reserve Bank of Vanuatu (RBV) in accordance with the International Banking Act. Licensed institutions may engage in international banking business according to licensing conditions, and must accept capital, governance, Audit and Prudential Regulation; The license does not automatically authorize the institution to take deposits or provide banking services in other countries.

Saint Vincent SVG International Banking License, Approved and regulated by the Financial Services Authority of Saint Vincent and the Grenadines (FSA) in accordance with the International Banking Act. Licensed banks may engage in international banking business according to licensing conditions, Mainly for non-resident customers, It is not equivalent to automatically accepting deposits or conducting banking business in other countries..

The so-called Anjouan International Banking License, Usually refers to the non-resident banking license issued by the local offshore institution in accordance with the relevant regulations of 2005.. The Central Bank of Comoros has announced in 2025, The authorities in Anjouan do not have the authority to issue banking licenses, The offshore banking license issued by it is not recognized by the national banking regulatory system, Does not serve as legal authorization to conduct banking business in Comoros or other markets.

Canadian MSB license, Officially known as Money Services Business Registration, Managed by the Financial Transactions and Reports Analysis Center of Canada (FINTRAC). After the company completes registration, Currency exchange available in Canada, remittance, Fund transfer, Money order and virtual currency services, This registration is mainly for the Canadian market. (e.g. Wise, Coinbase).