Regulatory Approach

Licenses and Regulatory

In order to run our remittance services in Asia, we have begun developing a mutually-owned Asdra Company that will be operated by the Bank of Thailand at an International Money Remittance Service Non-Bank License and a Money Exchange and E-Payment License.

In our target countries, we will work closely with our legal department to assist with obtaining any licenses necessary. Depending on the type of country and jurisdiction, we could apply for an EMI/MSB license.