• FEES 3.15 FEES 3.15 Providing Money Services

    • FEES 3.15.1

      (a) An Applicant for a Financial Services Permission to carry on the Regulated Activity of Providing Money Services must pay to the Regulator an initial authorisation fee as detailed in the table below, in accordance with the activity that it will undertake.
      Activity Annual supervision fee ($)
      Currency exchange or Money Remittance 15,000
      Payment Services 25,000
      (b) An Applicant for both of the activities detailed in (a) must pay to the Regulator an initial authorisation fee of $25,000.

    • FEES 3.15.2

      (a) An Authorised Person with a Financial Services Permission to carry on the Regulated Activity of Providing Money Services must pay to the Regulator an annual supervision fee as detailed in the table below, in accordance with the activity that it will undertake.
      Activity Annual supervision fee ($)
      Currency exchange or Money Remittance 15,000
      Payment Services 25,000
      (b) An Authorised Person with a Financial Services Permission to carry on the Regulated Activity of Providing Money Services and that undertakes both of the activities detailed in (a) must pay to the Regulator an annual supervision fee of $25,000.