Money transmission definition

Money transmission means any of the following:

Money transmission means selling or issuing payment instruments, stored value, or receiving money or monetary value for transmission. The term does not include the provision solely of delivery, online or telecommunications services, or network access.

Money transmission means the transmission of money or monetary value, without a Payment Account being created in the name of the payer or the payee, where funds are:

Examples of Money transmission in a sentence

• On both occasions conductivity was below 100 μS/cm at most sites, with the exception of Legerwood Rivulet at Warrentinna Rd which was slightly higher.

• The following are exempt from the licensing requirement described in Section 26002: (a) The United States or a department, agency, or instrumentality thereof, including any federal reserve bank and any federal home loan bank.(b) Money transmission by the United States Postal Service or by a contractor on behalf of the United States Postal Service.(c) A state, city, county, city and county, or any other governmental agency or governmental subdivision of a state.

• Money transmission by the United States Postal Service or by a contractor on behalf of the United States Postal Service.

• Money transmission by the United States Postal Service or by an agent of the United States Postal Service.

• Money transmission services provided by the United States postal service or by a contractor on behalf of the United States postal service.

More Definitions of Money transmission

Money transmission means to engage in the business of the sale or issuance of payment instruments, stored value, or of receiving money or monetary value for transmission to a location within or outside the United States by any and all means, including wire, facsimile, or electronic transfer. Notwithstanding any other provision of law, "money transmission" also includes bill payment services not limited to the right to receive payment of any claim for another, but does not include payment processing activities conducted for a merchant under an agency relationship.

Money transmission means receiving money or its equivalent

Money transmission means engaging in the business of issuing or selling payment instruments or stored value, receiving money or monetary value for current or future transmission or the business of transmitting money or monetary value within the United States or to locations outside the United States by any and all means including, but not limited to, payment instrument, wire, facsimile or electronic transfer.

Money transmission means to engage in the business of:

Money transmission means the sale or issuance of exchange or engaging in the business of receiving money for transmission or transmitting money within the United States or to locations abroad by any and all means including but not limited to payment instrument, wire, facsimile, or electronic transfer.

Money transmission means to engage in the business of the sale or issuance of payment instruments or of receiving money or monetary value for transmission to a location within or outside the United States by wire, facsimile, electronic means or any other means, except that money transmission does not include currency exchange where no transmission of money occurs;

Money transmission means to engage in the business of the sale or issuance of