Examples of Money transmission services in a sentence
The term includes a monetary unit of account established by an intergovernmental organization or by agreement between 2 or more governments.(c) "Money transmission services" means selling or issuing payment instruments or closed-loop prepaid access or prepaid access devices or vehicles or receiving money or monetary value for transmission.
Money transmission services provided by the United States postal service or by a contractor on behalf of the United States postal service.
The term includes a monetary unit of account established by an intergovernmental organization or by agreement between 2 or more governments.(c) "Money transmission services" means selling or issuing payment instruments or stored value devices or receiving money or monetary value for transmission.
Following those discussions, the Group decided to use document IMO/ILO/WGFTS 2/3/1 submitted by ISF/ICS/ICFTU as the basic text, which could be amended and expanded, as appropriate, by proposals contained in the document submitted by the United States regarding the shipowners’ and seafarers’ responsibilities.
Money transmission services are primarily conducted by the banks, but there is one stand-alone money transfer business.