Licensing

Moneycorp US Inc. f/k/a 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 31000118771945). Commonwealth maintains the following Money Transmitter licenses:

 

Alaska Money Transmitter 010197
Arizona Money Transmitter MT – 0930108
Arkansas Money Transmitter 43379
California Money Transmitter 2434
Colorado Money Transmitter 500164
Connecticut Money Transmitter MT-917447
Delaware Money Transmitter 024799
District of Columbia Money Transmitter MTR5387
Florida Money Transmitter FT230000123
Georgia Seller of Payment Instruments 48131
Hawaii Money Transmitter HIMT-099
Idaho Money Transmitter MTL-203
Illinois Money Transmitter MT-253
Iowa Money Transmitter 2016-0105
Kansas Money Transmitter MT.0000118
Kentucky Money Transmitter SC379094
Maine Money Transmitter 917447
Maryland Money Transmitter 917447
Massachusetts Foreign Transmittal Agency FT917447
Michigan Money Transmitter MT0018848
Minnesota Money Transmitter MN-MT-917447
Mississippi Money Transmitter 3500
Missouri Sale of Checks MT-18-8178
Nebraska Money Transmitter 917447
Nevada Money Transmitter MT11050
New Hampshire Money Transmitter 19821 -MT
New Jersey Money Transmitter L053539
New Mexico Money Transmitter 917447
New York Money Transmitter MT103034
North Carolina Money Transmitter 159251
Ohio Money Transmitter OHMT 082
Oklahoma Money Transmitter OKDOB001
Oregon Money Transmitter MTX-30141
Pennsylvania Money Transmitter 45358
Rhode Island Electronic Money Transfers 98000838MT
Rhode Island Sales of Checks 98000837SC
South Dakota Money Transmitter MT.2131
Tennessee Money Transmitter 183
Texas Money Transmitter 3153
Utah Money Transmitter 136
Vermont Money Transmitter MT100-080
Virginia Money Transmitter MO-285
Washington Money Transmitter 550-MT-82073
West Virginia Money Transmitter WVMT-0701
Wisconsin Seller of Checks 165-SOC
Wyoming Money Transmitter 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.