We want to expand untapped corridors where correspondence arrangements are needed and are not available. Would we be allowed to make a correspondence arrangement with Banks in that territory?
Isn’t the idea of ‘renting’ a license considered wrong? Could it have legal ramifications if we rented a license?
Are they (the principal license holder) going to hold some money? For example, if they got 100% from the customer, do they hold to the funds or will they release it all?
How many days will the owner of the license take to make a deposit (liquidation of the money) in my clients bank account?