Licenses & Compliance
At SendSprint, regulatory compliance is the bedrock of our operations. We are committed to upholding the highest standards of financial integrity and security, ensuring that all our services are delivered in accordance with the strict guidelines set by federal and state authorities in the United States.
Our Regulatory Framework
SendSprint Inc. is a FinCEN-registered Money Services Business (MSB), with registration number 31000287661259, and is also registered with the Nationwide Multistate Licensing System (NMLS) under ID 1313855. We are duly licensed to operate as a money transmitter in the following U.S. states, adhering to their respective regulations.
Our Commitment to Compliance
We operate in full compliance with the applicable state and federal regulations in each of our licensed jurisdictions. Our robust compliance program is designed to prevent financial crime and protect our partners and their customers. Key elements of our program include:
Anti-Money Laundering (AML) & Counter-Terrorist Financing (CTF) Program:
We maintain a comprehensive AML/CTF program, aligned with the Bank Secrecy Act (BSA) and other relevant regulations, to detect, prevent, and report suspicious activities.
Customer Due Diligence (CDD) & Enhanced Due Diligence (EDD):
We implement rigorous processes for verifying the identity of all our institutional partners and conducting ongoing monitoring to assess and manage risk effectively.
Real-Time Transaction Monitoring
Our advanced systems continuously monitor all transactions for unusual patterns or suspicious behavior, ensuring immediate action and appropriate reporting to regulatory bodies.
Regulatory Reporting
We are committed to timely and accurate reporting of all required transactions and activities to FinCEN and relevant state regulatory authorities.
Data Security & Privacy
Protecting sensitive information is paramount. We adhere to stringent data security protocols to safeguard all data in transit and at rest.
You're in good hands!
CBN approved. SOC 2 and PCI DSS certified. Built for trust and compliance.
Our Partners' Responsibility
As an infrastructure provider, SendSprint exclusively serves registered U.S. financial institutions and enterprise platforms. Our partners are responsible for maintaining their appropriate licenses (where they are not leveraging ours) and for complying with all applicable BSA, AML, and state money transmission regulations in their respective operations. We work collaboratively to ensure a compliant ecosystem for all cross-border payment activities.
If you have any questions regarding our licenses or compliance framework, please don't hesitate to contact us via hi@sendsprint.com.