FINTRAC‑Registered Canadian MSB (RPAA Submitted)

Key Features

• Full online transfer of ownership
• Established virtual legal address
• Complete AML (Anti‑Money Laundering) documentation package

Why Consider This FINTRAC MSB Licence?

This regulated RPAA‑registered MSB is ideal for entrepreneurs and fintech operators seeking immediate entry into the Canadian crypto payments or remittance market. With all compliance documentation ready and an online transfer process, it’s a fast, fully legal path to begin operations in a trusted jurisdiction

What is an RPAA-registered MSB

RPAA‑registered MSB” refers to a Canadian money services business (MSB) that is registered with FINTRAC and also under Canada’s Retail Payment Activities Act (RPAA), which is overseen by the Bank of Canada.

In practice, this means:

• The company is an MSB (e.g., doing FX, remittance, PSP, or crypto‑related payment activities) and is registered as such. FINTRAC registration covers AML/CTF obligations.
• Because it performs “retail payment activities” as a payment service provider (PSP), it also has to register with the Bank of Canada under the RPAA, which focuses on operational risk, safeguarding of funds, and user protection for retail payments.
• RPAA registration is an additional regime, not a replacement for MSB registration; many MSBs that act as PSPs need both registrations to operate legally in Canada’s modern payments framework.