Money Express is in full compliance with the Bank Secrecy Act, The US
Patriot Act of 2001 and the United States Code Title 18 Money Laundering
Laws. International Money Express has developed a regulatory Compliance
department, under the direction of an experienced Compliance Officer.
The foremost responsibility of the department is to enforce
International Money Express’ policy and procedures which include the
monitoring of transactions, the detection and reporting of suspicious
activity, filing and retaining financial records, and the training of
employees and agents.
As a non-bank financial institution,
International Money Express is regulated by the Department of the
Treasury, Internal Revenue Service, FinCen, the Department of Banking
and Finance of the State of Florida and additionally by the various
regulatory institutions of those states where International Money
Express holds an operating license.
International Money Express is duly
registered as a Money Service Business (MSB) with The Financial Crimes
Enforcement Network (FinCEN), the financial intelligence unit of the
U.S. Department of the Treasury.
An independent and reputable
consulting firm periodically reviews International Money Express’
policies and procedures to ensure the efficacy of the Anti-money
Laundering and Regulatory Compliance Program as required by the Bank
Secrecy Act and other laws and regulations. International Money Express
has established the industry benchmark in preventing illicit activity
through its remittance system.
International Money Express is an
active participant and member of the Association of Certified Anti-Money
Laundering Specialists (ACAMS).
International Money Express actively
attends seminars from the National Money Transmitters Association
(NMTA), a national support group, and the Money Transmitter Regulatory
Association (MTRA), which fosters cooperation among states and federal
agencies for the effective and efficient regulation of money.
Intermex Wire Transfer, LLC (FT5621/
CS0110/ NMLS#897906) is authorized to engage in the business of a
foreign transmittal agency and check seller under the Massachusetts
General Laws chapter 169 and chapter 167F, respectively.
Intermex Wire Transfer, LLC (18921/ NMLS#897906) is licensed and regulated by the Georgia Department of Banking and Finance.
Intermex Wire Transfer II, LLC (MT101943) is licensed and regulated by the New York Department of Financial Services.