Canadian MSB License + RPAA Registration

Canada MSB License + RPAA Registration

Key Features:

Full turnkey company formation assistance in Canada
Choice and reservation of company name
Registration as a Retail Payment Service Provider with the Bank of Canada
Registration with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada)
Appointment of Chief Compliance Officer*
Assistance with opening a corporate bank account
Development of individual AML/KYC policies (aligned with Bank of Canada & RPAA compliance)
Preparation of corporate documents
Drafting and implementation of operational policies (risk management, incident response, safeguarding user funds)
Handling all communication with FINTRAC and the Bank of Canada
Dedicated consultant providing fully personalized support

Jurisdiction Overview:

Canada is a globally respected jurisdiction with a transparent and stable regulatory environment. By obtaining an MSB license and complying with the Retail Payment Activities Act (RPAA), businesses gain access to the Canadian financial system while ensuring strong AML/CTF compliance.

Why Canada MSB?

Internationally recognized and trusted regulatory framework
Suitable for payment, remittance, and crypto businesses
No residency requirement for shareholders or directors
Streamlined registration process compared to full e-money or banking licenses