MSB/fMSB Registration
With a Money Services Business (MSB) or foreign Money Services Business (fMSB) registration in Canada, your company can access a broad range of financial and crypto services while ensuring full compliance with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) regulations. At Demire Inc, we offer comprehensive support to help you achieve seamless registration and successfully expand your financial operations across international markets.
Why Choose MSB/fMSB Registration in Canada?
Canada’s financial ecosystem is ideal for fintech businesses, crypto service providers, remittance companies, and payment gateways. An MSB/fMSB registration enables your company to:
✔️ Open multi-currency business bank accounts
✔️ Access global financial markets in Europe, Africa, and beyond
✔️ Legally provide services like forex trading, payment processing, and crypto transactions
With over 13 years of experience in international regulatory compliance, Demire Inc ensures you navigate the complexities of Canadian regulations with ease and precision.
Our Key Services
We provide end-to-end solutions for MSB and fMSB registrations, tailored to your business needs:
• Company Formation: Establish your legal entity in Canada (for MSB) or overseas (for fMSB).
• Corporate Documentation: Assistance with business plans, organizational structures, and AML/KYC frameworks.
• AML Compliance Solutions: Customized Anti-Money Laundering (AML) policies and risk assessments aligned with Canadian laws.
• Pre-Registration & Final Submission: Preparation and submission of materials to FINTRAC.
• FINTRAC Coordination: Ongoing support and communication with regulatory bodies.
• Bank Account Setup: (Optional for premium clients) Access top-tier banking solutions.
Registration Process: A Clear Path to Success
We guide you through every step of the registration process, ensuring efficiency and compliance:
1. Document Collection: Initial gathering of business plans, risk profiles, and questionnaires.
2. Company Formation & AML Policy Creation: Establishment of your legal structure and comprehensive risk assessments.
3. Pre-Registration Submission: Initial submissions to FINTRAC for review and feedback.
4. Final Registration Submission: Completion of formal registration with FINTRAC.
5. Approval & Compliance: Monitoring of regulatory reviews and clarifications as needed.
6. Bank Account Setup (if applicable): Connect with banks offering multi-currency solutions.
What Services Can I Provide With an MSB or fMSB Registration?
An MSB or fMSB registration in Canada allows you to offer:
• Currency exchange and forex trading
• Cross-border remittance
• Payment processing (merchant services, gateway solutions)
• Crypto services (OTC trading, payment facilitation, remittance)
• Issuing or redeeming money orders and traveller’s cheques
Whether you’re operating a fintech company, a crypto trading platform, or a remittance service, Demire Inc ensures that your registration meets Canada’s regulatory standards, giving you the flexibility to expand globally.
Why Work With Demire Inc?
• Expert Regulatory Guidance: Over a decade of experience across fintech, crypto, and financial services sectors.
• Tailored Solutions: Customized strategies for MSB/fMSB registration and compliance based on your business model.
• Global Reach: We help you connect with international banking networks and payment channels.
• Ongoing Support: Beyond registration, we offer AML audits, compliance updates, and legal advisory services to ensure you stay compliant.
Take the next step in scaling your financial business globally with the right registration and expert guidance from Demire Inc.
