In 2024, the Missouri legislature passed the Money Transmission Modernization Act (MTMA), sections ยงยง361.900 to 361.1035. MTMA replaces existing money transmission laws to provide licensees additional uniformity of regulatory requirements as well as updated protections for Missouri citizens.
Missouri utilizes the Nationwide Multistate Licensing System and Registry (NMLS) to accept and process Money Transmission renewals, new applications, notice of changes and related fees. Please refer to the link below for information regarding your license renewal and/or new application. Utilize the NMLS checklist compiler to review a summary of requirements and fees.