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Who is responsible for licensing Remittance Business?

April 26, 2017Business licensing remittance responsible

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Who is responsible for licensing Remittance Business?

1 Answer

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10 Posted

Ministry of Finance through Financial Institutions Division is responsible for licensing, regulating and supervising Money-Remittance Business under the Money-Changing and Remittance Businesses Act (Chapter 174). The Authority that administers the Money-Changing and Remittance Businesses Act (Chapter 174) is the Permanent Secretary of the Ministry of Finance.