Tag: money transfer

Do you think an ACH can be rejected (incurring reject fees) if we verify the balance ahead of time?

For your one-time consultation (referral) fee could we ask you for a break on it?

Does the armored car service need to have a contract with your bank?

Are armored carriers allowed to pick up cash from Bitcoin ATM Operators and deposit it into their vault account and then transfer it over to our account?

What is my company’s role defined in all of this? What role do I play as a non-licensed entity?

I will be happy to pay a bigger reserve or something like that if we can have the limits raised to 5K, as only WorldRemit and Western Union offer those limits and that is the kind of company I want to have in the future if everything goes well.

How can there be fraud in the money transfer business? I don’t know about the business and want to know if it comes with some kind of chargeback or fraud protection for us.

Let’s say that I start the business, what would be my role in it? Will I be in charge of the back office?

Do I have to hire staff for my money transfer business?

Who is in charge of authorizing the transactions? Will it be me or someone else?