License Types | As of October 2023 | As of October 2022 |
---|---|---|
Money Transmitter- Main | 252 | 262 |
Money Transmitter-Authorized Delegates | 10,511 | 6,171 |
Currency Exchanger- Main | 5 | 5 |
Currency Exchanger-Authorized Delegates | 4 | 4 |
NMLS annual attestation
Now that October is upon us, it’s time to prepare to complete the annual attestation and pay the annual NMLS system fees for your Washington license.
Account administrators for licensees already received emails about what NMLS calls the “annual renewal period.”
Because the Money Transmitter and Currency Exchanger licenses are perpetual, the license does not renew. However, licensees must attest to the accuracy of their NMLS record and pay the annual NMLS system fee.
Attestation details:
- Please complete the annual attestation between November 1 and December 31 each year.
- NMLS System Fees are $100 for the main office.
How to prepare for the annual attestation:
- Log into NMLS to review and clear all license items
- Review the company record for accuracy, as the attestation is a legal certification that the record is accurate.
Other important notes:
- The NMLS annual attestation does not replace your annual assessment, which is due by July 1.
- If you are not going to maintain your license, you must request surrender through NMLS and provide the Department with the required closure documents.