MSB registration in Canada
Start Your Money Services Business the Right Way
To operate legally as a Money Services Business (MSB) in Canada, your company must be registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). This registration is mandatory for businesses that offer currency exchange, money transfer, crypto trading, payment processing, or foreign remittance services.
At Regalynx, we help businesses from around the world obtain a Canadian MSB registration quickly, correctly, and in full compliance with Canadian AML/ATF laws and FINTRAC requirements.
What Is an MSB Registration?
An MSB registration (often referred to as an MSB license in Canada) authorizes your company to provide money or crypto-related services under a regulated Canadian framework.
It demonstrates that your company complies with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and that you have an effective Anti-Money Laundering (AML) and Compliance Program in place.
Having a FINTRAC-registered MSB instantly builds trust with financial institutions, partners, and international clients — positioning your business as credible and compliant in one of the world’s most transparent regulatory environments.
The Best Jurisdictions for Establishing a Crypto Company in Europe
European Union (EU)
Canada
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Who Needs an MSB Registration in Canada
You must register as a Money Services Business if your company engages in any of the following activities:
Foreign exchange or currency conversion
Money transfers, remittances, or payment processing
Dealing in virtual currencies (crypto exchange or wallet services)
Issuing or redeeming money orders, traveller’s cheques, or similar instruments
Even if your company is based outside Canada but serves Canadian clients, you may still need a Foreign MSB registration with FINTRAC.
How Regalynx Helps
Our team manages the full MSB registration process from start to finish — saving you time and preventing costly errors.
Our services include:
Eligibility Assessment & Business Structure Review – We verify that your planned activities qualify for MSB registration and design the right corporate setup.
FINTRAC Application Preparation – We prepare and submit all required forms, ownership disclosures, and business details.
AML/ATF Compliance Program Development – We create or adapt your AML policies, risk assessment, and training framework to meet FINTRAC standards.
Direct Liaison with FINTRAC – We handle all communications and clarifications until your MSB registration is approved.
Post-Registration Support – We assist with maintaining compliance, annual updates, and audits once your business is registered.
With Regalynx, you don’t just “apply” — you build a fully compliant, regulator-ready structure designed to last.
Timeline for MSB Registration
The full process usually takes 4 to 6 months, depending on the readiness of your corporate documents and the complexity of your business model.
We often prepare your AML program in parallel to shorten the overall turnaround time.
Why Choose Regalynx for FINTRAC MSB Registration
Proven expertise in Canadian AML compliance and FINTRAC processes
Specialized experience with crypto MSB registrations and fintech startups
End-to-end management — from initial consultation to license approval
Confidential, efficient, and transparent service
Whether you are launching a crypto exchange, a remittance company, or a fintech startup, Regalynx ensures your MSB registration in Canada is fast, compliant, and accepted the first time.
Get Started
Ready to register your Money Services Business in Canada?
Contact Regalynx today to begin your FINTRAC MSB registration and establish your presence in one of the most respected financial jurisdictions in the world.