You will require this registration if you intend to conduct business as an independent remittance dealer. Remittance is the transfer of money for payment or as a gift from one person to another. Registering as an independent remittance dealer means to be registered on the Remittance Sector Register.
Independent remittance providers do not include:
- an authorised deposit taking institution
- a bank
- a building society
- a credit union.
It is an offence not to be registered.
Please consult the Contact Officer for more information.