General Information and Application Guidelines for Non-Bank Money Transmission Service Providers and Non-Bank Money Transmission Agents 2011

Published: Tuesday July 8th, 2008

Amended: Thursday June 2nd, 2011

These Guidelines outline the Central Bank’s policy with regard to the licensing of non-bank providers and the registration of their agents. These Guidelines also specify the major considerations of the Central Bank in assessing applications for licensing providers, registering agents and the information that would normally be required in support of such applications. Further, these Guidelines set out the prudential, reporting and other regulatory requirements for providers and agents incorporated in The Bahamas.