Malaysian business licence·Federal
BNM Money Services Business Licence (MSBA 2011)
Issued by Bank Negara Malaysia (BNM)Money Services Business Act 2011
Overview
Required for money-changing, remittance and wholesale-currency businesses. Classes A–D under the MSBA 2011. Annual renewal; AML/CFT compliance required.
Key details
Governing Act
Money Services Business Act 2011
Agency fees
Varies by agency — see official source
Validity
Annual renewal typical
Issuing authority
Bank Negara Malaysia (BNM)
Fees shown are government / local-authority fees payable to the issuing agency. Emerhub charges a separate service fee for handling the application end-to-end.
Which businesses need it
Conditional
- 66191Investment advisory servicesItem · Required for money-changing, remittance and wholesale currency businesses under the Money Services Business Act 2011.
- 66199Activities auxiliary to finance n.e.c.Item · Required for money-changing, remittance and wholesale currency businesses under the Money Services Business Act 2011.