Money Transmitters Part III: Foreign Currency Exchanger: The license authorizes the holder to exchange currency of the U.S. or a foreign government to currency of another government, for compensation.
Apply for the license online via Online Services.
Licensing standards to qualify for licensure apply pursuant to Chapter 560.1401, Florida Statutes.
Foreign Currency Exchangers may be required to maintain a federal registration as a Money Services Business (MSB) and comply with federal recordkeeping and reporting requirements.
**Refer to Chapter 560.143(2), Florida Statutes for the associated renewal fees.
Note the following required filings (see all applicable forms in the Forms section below):
As a licensee under Chapter 560, Florida Statutes, you are required to submit certain notices to the Office pursuant to Chapter 560.126, Florida Statutes. Refer to the statute for more information.
View required records retention by Foreign Currency Exchangers.
** Above are only some of the requirements of a licensee under Chapter 560, Florida Statutes and Rule 69V-560, Florida Administrative Code. To review all requirements of a licensee, please access Chapter 560, Florida Statutes, and Rule 69V-560, Florida Administrative Code.
OFR-560-01 - Application to Register as a Money Services Business
OFR-560-02 - Location Notification Form
OFR-560-03 - Declaration of Intent to Engage in Deferred Presentment Transactions
OFR-560-04 - Money Services Business Quarterly Report Form
OFR-560-08 - Request for Exemption from Electronic Filing Requirements
OFR-560-09 – Disciplinary Guidelines for Money Services Businesses
OFR-560-10 - Money Services Businesses Attestation Form