Licensing

Commonwealth Foreign Exchange, Inc. (“Commonwealth”) is a Rhode Island corporation (#000115949) and is federally registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the United States Department of Treasury (# DCN 31000040046671). Commonwealth maintains the following Money Transmitter licenses:

State License Name License Number
AZ Arizona Money Transmission MT-0930108
AR Arkansas Money Transmitter 43379
CA California-DBO Money Transmitter 2434
CO Colorado Money Transmitter 500164
CT Connecticut Money Transmission MT-917447
DC

DE

District of Columbia Money Transmitter

Delaware Money Transmitter

MTR5387

024799

FL Florida Money Transmitters Part II FT230000123
GA Georgia Money Transmitter 48131
HI

ID

Hawaii Money Transmitter

Idaho Money Transmitter

HIMT-099

MTL-203

IL Illinois Money Transmitter MT-253
IA Iowa Money Transmitter License 2016-0105
KS

KY

ME

Kansas Money Transmitter License

Kentucky Money Transmitter License

Maine Money Transmission License

MT.0000118

SC379094

917447

MD Maryland Money Transmitter 917447
MI Michigan Money Transmitter License MT0018848
MN Minnesota Money Transmitter MN-MT-917447
MS

MO

NB

NV

Mississippi Money Transmitter

Missouri Sale of Checks

Nebraska Money Transmitter

Nevada Money Transmitter

3500

MT-17-8069

917447

MT11050

NH New Hampshire Money Transmitter 19821-MT
NJ New Jersey Money Transmitter L053539
NM New Mexico Money Transmitter 917447
NY New York Transmitter of Money MT 103034
NC North Carolina Money Transmitter 159251
OH Ohio License to Transmit Money OHMT-082
OK Oklahoma Money Transmission License OKDOB001
OR Oregon Money Transmitter MTX-30141
PA Pennsylvania Money Transmitter 45358
RI Rhode Island Electronic Money Transfers

Rhode Island Sales of Checks

98000838MT

98000837SC

SD

TN

South Dakota Money Transmitter

Tennessee Money Transmitter

MT.2131

183

UT Utah Money Transmitter 136
VT Vermont Money Transmitter MT100-080
VA Virginia Money Transmission MO-285
WA Washington Money Transmitter 550-MT-82073
WV West Virginia Money Transmitter WVMT-0701
WI

WY

Wisconsin Money Transmitter

Wyoming Money Transmitter

165-SOC

MT-7231

State Licensing Disclaimers

1) California (CA) If you have complaints with respect to any aspect of the money transmission activities conducted at this location, you may contact the California Department of Business Oversight at:

  • Toll-free telephone number: 1-800-622-0620
  • Email: consumer.services@dbo.ca.gov
  • Fax: 916-445-2123
  • Mail: Department of Business Oversight:  Consumer Services, 1515 K Street, Suite 200, Sacramento, CA 95814

2) Colorado (CO) Customer Notice (PDF)

3) Illinois (IL) If you have complaints with respect to any aspect of the money transmission activities conducted at this location, you may contact the Illinois Department of Financial & Professional Regulation at:

  • Toll-free telephone number: 1-888-298-8089
  • Mail: Department of Financial & Professional Regulation:Division of Financial Institutions, 320 West Washington, 5th Floor Springfield, Illinois 62786

4) Minnesota (MN) If you are a resident of Minnesota you may voluntary disqualify yourself from sending or receiving money transfers through Commonwealth by contacting us at compliance@commonwealthfx.com. All voluntary disqualifications expire within one year from the date of the request, unless you specify that the request remain in effect for a longer period. You may terminate the disqualification at any time by providing written notice to Commonwealth at compliance@commonwealthfx.com. Individuals who request disqualification are subject to inclusion on Minnesota’s “No Transmit List” and as such Commonwealth may be obligated to provide your identifying information to the Minnesota Department of Commerce. For more information on Minnesota’s “No Transmit List,” please see Minne. Stat. 53B.27, subd 3.

5) New York (NY) Commonwealth Foreign Exchange, Inc. is regulated and licensed by the New York State Department of Financial services to transact the business of receiving money for transmission within this country and abroad. New York consumers can direct unresolved complaints to the Consumer Assistance Unit, NYS Department of Financial Services, One Commerce Plaza, Albany NY 12257, ph. (800) 342-3736, website

6) Texas (TX) If you have a compliant, first contact the consumer assistance division of Commonwealth Foreign Exchange, Inc. at 800-239-2389. If you still have an unresolved compliant regarding the company’s money transmission or currency exchange activity, please direct your compliant to: Texas Department of Banking, 2601 North Lamar Boulevard, Austin, Texas 78705, 1-877-276-5554 (toll free), www.dob.texas.gov

7) Washington (WA) Right to Refund – The following applies only to Transactions that are submitted by Senders in the State of Washington: You, the customer, are entitled to a refund of all monies received for transmittal within ten (10) days of receipt of a written request for refund unless any of the following occurs: i. The monies have been transmitted and delivered to the recipient prior to receipt of the written request for a refund; ii. Instructions have been given committing an equivalent amount of money to the person designated by the customer prior to the receipt of a written request for a refund; iii. Commonwealth has reason to believe that a crime has occurred, is occurring, or may potentially occur as a result of transmitting money as requested by the customer or refunding the money as requested by the customer; or iv. Commonwealth is otherwise barred by law from making a refund.