Cost & compare
Published government and NMLS processing costs for money transmission / money services business company licenses.
This page compares costs and providers. It does not list who needs which license, and it does not publish processing timelines.
| Published fee | Amount | When it applies | Source |
|---|---|---|---|
| NMLS company initial set-up / application processing | $120.00 per agency / per license | Each new or transitioned company license filed through NMLS (Form MU1). | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS company annual processing | $120.00 per agency / per license | Each annual renewal request filed through NMLS. | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS branch initial set-up / application processing | $25.00 per agency / per license | Each new or transitioned branch license filed through NMLS (Form MU3). | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS branch annual processing | $25.00 per agency / per license | Each annual branch renewal request filed through NMLS. | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS individual initial set-up / application processing | $35.00 per agency / per license | Each new or transitioned individual license filed through NMLS (Form MU4). | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS individual annual processing | $35.00 per agency / per license | Each annual individual renewal request filed through NMLS. | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS criminal background check | $36.25 per request | Livescan or print-card capture. Charged once per filing regardless of how many licenses are in that filing. Print cards add a $10 card packet fee. | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS credit report | $15.00 per request | Charged when NMLS does not already have a credit report less than 30 days old. Single charge per filing. | Nationwide Multistate Licensing System (CSBS / SRR) |
| NMLS credit-card service fee | 2.5% of the card charge per card transaction | Visa or Mastercard payments through NMLS. ACH has no added service fee. | Nationwide Multistate Licensing System (CSBS / SRR) |
| Uniform Authorized Agent Reporting processing | $0.25 per active agent after the first 100; $25,000 annual cap per licensee / year | Assessed at renewal on the agent count as of August 16. Licensees with 100 or fewer active agents pay no UAAR processing fee. | Nationwide Multistate Licensing System (CSBS / SRR) |
| FinCEN MSB registration (FinCEN Form 107) | $0 federal registration | FinCEN states there is no cost for MSB registration. Registration is not a state license. | Financial Crimes Enforcement Network |
State-specific application fees are on each state page when a statute or regulator schedule publishes them. Otherwise open the official NMLS fee chart.
Each page names the official agencies and only the fees we sourced.
Cost stack: FinCEN MSB registration, NMLS processing, and state MTL fees that a regulator has published.
| Published fact | DIY | LegalZoom | Harbor Compliance | Cornerstone Licensing Quote CTA |
|---|---|---|---|---|
| Public price list for these licenses | No service fee. You pay government and NMLS fees directly. | Publishes formation and some general-business prices. No public price list for ARM, lending, money-transmitter, or mortgage company licenses. | No public per-state price list for these four financial-license families. | No public price list. Quote only. |
| Published scope | You file with the state agency or NMLS yourself. | Public site focuses on entity formation, trademarks, and general legal documents. | Public site markets multi-state licensing and registered-agent services. | Public site lists multi-state licensing, surety bonds, insurance, registered agent, and Atlas tracking for financial-services firms. |
| Published track record we will repeat | Not a vendor. | Public company. See investor materials for corporate history. | Not restated here. Use the provider’s own published figures. | 28 years, 525,000+ filings, 99.995% on-time filing rate — published on cornerstonelicensing.com. |
| No vendor site | No vendor site | No vendor site | cornerstonelicensing.com → |
Service-dollar ranges are omitted on purpose. If a firm does not publish a price, LicenseStore will not invent one. See sources.