All we need is our CEO, a compliance officer, and an office located in the EU (possible). Am I correct? Are the compliance officer + the office required to be based in the license holder’s country?
Regarding the US: which states are included? Are TX, CA and NY included as part of the initial package?
Is Faisal Khan the principal license holder or a sublicensee and solution provider (in the case of US as well as the UK/EU rollout)?
Can we fix the rate entirely throughout the chain till the beneficiary? What role does your company play in the FX rate fixing?
If we are a licensed money transfer company with extensive agreements with the payout countries, will the principal license holder agree to sign an agreement with us?
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 long does it take to sign the contract with the Principal License Holder providing us with regulatory coverage?
How many days will the owner of the license take to make a deposit (liquidation of the money) in my clients bank account?