Delaware check seller and money transmitter license required to transition to NMLS by June 15

Licensing State Issues Money Service / Money Transmitters NMLS

On April 15, NMLS published a Delaware Check Seller and Money Transmitter License requirements checklist for a new application, amendment, surrender, and license transition to NMLS. Per Delaware’s recent mandate, as detailed in APPROVED’s post from April 7, new license applicants and existing licensees will be required to use NMLS beginning April 15, 2020. All existing licensees have until June 15, 2020 to submit their license transition requests through NMLS.

Please see the full requirements for transitioning the license to NMLS here.