Home Knowledge Base Licensing USA / Canada Do OTC services require a license? OTC services very much require a license if the “intent” is to buy from others and sell on to others, where your eventual role would be that of an intermediary. Suggested Video(s)  What is a Financial Intermediary? Previous Can we work under a Trust’s Money Transmitter License? Next Do we need a correspondent tie-up agreement, if there is a licensed financial entity involved, like an exchange, or another Money Services Business?