Georgia Department of Banking & Finance ~ Non-Depository Financial Institutions Division
Quarterly Summary of Money Service Businesses Activities Monftohlry tShuemmPaerryioofdMEonrtdgaignegADcteivcietimesbfoerrt3he1,Pe2r0io1d5Ending April 2007
Inside this Issue:
2016 License 2 Certificates
Quarterly Reporting 2 for Seller of Payment
Instruments and Money Transmitter
Licensees
2016 State 2 Holidays
Upcoming Atlanta 3 Check Cashing Classes
APPENDIX: MSB Activity by Current License
Status
2016 License Renewal (Transition) Period Has Ended
The Annual License Renewal Period for 2016 has ended. A licensee that has submitted a filing through the Nationwide Multistate Licensing System on or before December 31, 2015, can continue to work as a MSB unless and until there is a surrender/withdrawal of the license or a final order of denial or revocation is issued by the Department.
PENDING RENEWAL REQUESTS
Does your license have a renewal request pending? If so, please check your NMLS record for any deficiencies, or license items, placed by the Department. No renewal request will be approved with outstanding license items.
Many licensees that have not yet been approved owe fines and fees check your NMLS record to see if your renewal is being delayed due to unpaid fines and fees.
Fines and fees must be paid through the NMLS Agency Fee Invoice Please visit the following link for information on how to pay the Agency Fee Invoice in NMLS: For a Company http://mortgage.nationwidelicensingsystem.org/licensees/resources/LicenseeResources/ Paying%20an%20Invoice_C.pdf
Forgot to Renew an MSB License?
If an MSB did not request renewal by December 31, 2015, the license expired by operation of law effective January 1, 2016 AND the licensee may not conduct MSB activity in Georgia. The licensee must submit a new application through the NMLS: http://mortgage.nationwidelicensingsystem.org/slr/Pages/DynamicLicenses.aspx? StateID=GA
This new application submission includes mailing to the Department the jurisdictionspecific documents listed in the New Application Checklist that say, "click to download document". All changes to your company structure including ownership, officers, address, etc., must be made through NMLS. Please refer to the amendment checklist for your license type: http://mortgage.nationwidelicensingsystem.org/slr/Pages/ DynamicLicenses.aspx?StateID=GA
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4th Quarter 2015
2016 LICENSE CERTIFICATES
When you receive e-mail notification of your 2016 license or renewal approval from the Department (noreply@dbf.state.ga.us or msb@dbf.state.ga.us), you will be provided with a link to the Department's secure website to retrieve and print your license certificate for 2016. You will need your Georgia license number and assigned password. There is a `forgot your password' option on the license certificate retrieval website. Please do not call the Department and ask for your password.
CHECK CASHERS - https://bkgfin.dbf.state.ga.us/CCCERT2016.html
MONEY TRANSMITTERS AND SELLERS OF PAYMENT INSTRUMENTS -
https://bkgfin.dbf.state.ga.us/SOCMTCERT2016.html
Quarterly Reporting for Seller of Payment Instruments and Money Transmitter Licensees
All Money Transmitter and Seller of Payment Instruments Licensees were emailed directly with instructions on how to complete the online form that is being used as part of the quarterly reporting requirements for the period ending December 31, 2015.
If you have no agents or offices, you must still report through the NMLS. Learn more about the UAAR and uploading authorized agents here. Questions regarding the UAAR should be directed to the NMLS Call Center at 1-855-NMLS-123 (1-855-665-7123).
In addition to completing the webform, agent/office information must be uploaded via the Uniform Authorized Agent Report (UAAR) in the Nationwide Multistate Licensing System (NMLS) to complete your quarterly reporting.
Please complete and submit both reports by February 14, 2016. Any reports received after the deadline will be subject to a fine of $1,000.
2016 State Holidays
Please refer to Georgia Governor Nathan Deal's website -- http://gov.georgia.gov/2016-state-calendar -- for a list of the dates in 2016 proclaimed by the Governor as public and legal state holidays when the Capitol and all State agencies will be closed.
COMMONLY USED ACRONYMS
CC-- Check Casher License Department -- Ga. Department of Banking and Finance MSB -- Money Services Business MT--Money Transmitter License NMLS or NMLSR -- Nationwide Multistate Licensing System & Registry
O.C.G.A. -- Official Code of Georgia Annotated SPI--Seller of Payment Instruments License UAAR -- Uniform Authorized Agent Report
4th Quarter 2015
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Upcoming Atlanta Check Cashing Classes
The Department offers a check cashing class that benefits first-time and experienced check cashers. Classes are scheduled on Tuesdays at 10:00 a.m. and generally last about an hour and a half.
The classes are limited to a maximum of seven attendees, so you must make an advance reservation by calling 770-986-1639 or emailing tkoeppel@dbf.state.ga.us.
There is no cost for the class and it is a great way to learn about Georgia law, Department regulations, the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) requirements. During examinations, those who have attended the class have stated that the knowledge and information they gained helped prevent violations and avoid the imposition of fines.
As a further benefit, the Department provides a certificate of attendance that licensees may use as evidence of training received on BSA and Anti-Money Laundering.
Reserve your seat NOW! We look forward to seeing you.
Upcoming Atlanta Check Casher Classes* January 19, 2016, 10:00 AM March 15, 2016, 10:00 AM May 17, 2016, 10:00 AM July 19, 2016, 10:00 AM
*Please note that the class schedule is subject to change
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Department Contact Information
NAME Teresa Koeppel, Financial Examiner Ana Contreras, Assistant Financial Examiner Joel Byers, Senior Financial Examiner
4th Quarter 2015
E-MAIL ADDRESS tkoeppel@dbf.state.ga.us acontreras@dbf.state.ga.us byers@dbf.state.ga.us
PHONE# (770) 986-1639 (770) 986-1652 (770) 986-1656
Corresponding with the Department
When corresponding with the Department, e-mail communication is preferred. Providing written details in the email regarding any questions or concerns you may have allows the Department to forward the request to the appropriate person who handles that area, and if sufficient details are included in the request, that person can then more efficiently provide you with an answer. Please include your NMLS or License number on all communications. The main Division e-mail address is msb@dbf.state.ga.us.
Since the Department's main method of communicating with licensees is via e-mail, it is very important that you supply the Department with a valid e-mail address for your primary contact and that you keep us informed if your e-mail address changes by updating your company's MU2 on NMLS. Please also be sure that your email account does not divert Department e-mail to your spam or junk folder.
4th Quarter 2015
Georgia Department of Banking and Finance
2990 Brandywine Road Suite 200
Atlanta, Georgia 30341-5565 Phone: (770) 986-1633
Fax: (770) 986-1655 or 1029 Email: msb@dbf.state.ga.us
We're on the Web! dbf.georgia.gov
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The Department is the state agency that regulates and examines Georgia statechartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of Merchant Acquirer Limited Purpose Banks (MALPBs) chartered in Georgia.
In addition, the Department has regulatory and/or licensing authority over mortgage brokers, lenders and processors, mortgage loan originators, check cashers, sellersissuers of payment instruments, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.
Our Mission is to promote safe, sound, competitive financial services in Georgia through innovative, responsive regulation and supervision.
Our Vision is to be a willing and able partner with our regulated entities in order to support vibrant and economic growth and prosperity in Georgia.
Sign-up to Receive this Publication
This quarterly publication is delivered to interested parties via e-mail and is also available from the Department's website at: http://dbf.georgia.gov under Publications, MSB Newsletter. If you would like to be added to our distribution list, send an email to dbfpress@dbf.state.ga.us stating your name and e-mail address. Please be sure to include "Subscribe to MSB Newsletter" in the Subject line.
APPENDIX
License Status Approved Denied Revoked
Terminated Expired
Terminated Ordered to Surrender Terminated Surrendered/Cancelled
Definition
The entity has an Approved licens e.
The entity applied for a licens e and the reques t was Denied. The entity's licens e was Revoked and the entity is no longer authorized to conduct business. The entity failed to renew. Alternatively, this licens e s tatus is als o us ed for MLOs that were s us pended by adm inis trative action for failing to m eet Georgia's sponsorship requirement. An entity has been ordered to s urrender their approved licens e. The entity is not authorized to conduct business. The entity has reques ted a s urrender/cancelation of their licens e and the regulator has granted this surrender/ cancelation request.
MSB ACTIVITY BY CURRENT LICENSE STATUS
GA Check Casher License
Approved
NMLS# License#
Company Name
1385235
46851
YOGIS QUIK STOP INC
1404447
47315
Antaryami, Inc
1402198
47330
428 Lake, LLC
1411518
48045
Mata Ashapuri inc
1415780
31315
ALL IN ONE VENTURES INC.
1394528
47738
Nitya Inc
1414200
48203
SAYAL19 LLC
1409741
47776
Conley prime LLC
1406412
47613
GS & KC INC
1231278
22786
GHANSHYAM PATEL
1421474
48292
JAI MA MELDI INC
1385250
43143
SWAMINARAYAN USA LLC
1377841
48296
FASTLANE CHECK CASHING ACWORTH LLC
1431185
48295
SEAN INTERNATIONAL LLC
1415890
47835
L&K Express, LLC
1413902
47908
K-VA-T Food Stores, Inc.
1433424
48478
Amina Mart
1433106
48457
VIRPANATH INC
1435239
48484
WILLIAMSON 1984 LLC
1427758
48294
west side liquor inc
Date 10/02/2015 10/02/2015 10/20/2015 10/20/2015 10/20/2015 10/20/2015 11/03/2015 11/03/2015 11/03/2015 11/05/2015 11/05/2015 11/06/2015 11/06/2015 11/12/2015 11/18/2015 11/18/2015 12/02/2015 12/02/2015 12/02/2015 12/08/2015
City DAHLONEGA Warner Robins Milledgeville Adairsville CHAMBLEE Guyton Americus Conley BROOKHAVEN VALDOSTA ALMA DORAVILLE Acworth NEWBORN Athens Abingdon atlanta GAINESVILLE GRIFFIN kennesaw
State GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA VA GA GA GA GA
Appendix 1 of 3
1377288 1431623 1424820 1433413 1433298 1439749 1445070 1443125 1443074
46690 48313 48057 42127 48483 48647 49006 48892 48838
Happy Go Lucky, Inc. DIYA SAMA 27 INC SSM USA INVESTMENTS, INC, AYUSHI ENTERPRISE INC MISCELANEA GUATE-MEX SEYAN GROUP INC PAYAL D 216 INC Kushi Ali Inc Sean Tara Management LLC
29
Denied
NMLS# License#
1387901
47002
A Z C. Store, Inc
Company Name
1
Terminated - Surrendered/Cancelled
NMLS# License#
Company Name
1266615
33462
CARNICERIA Y TIENDA CENTROAMERICA, INC
1246274
22394
Pawn Max, Inc.
1241188
9144
CHECK CASHERS 1 INC
1243218
30887
RAMIN INC
1241271
40935
MADHU N RAMAN CORPORATION
1232833
23447
Kemin Enterprises Inc.
1235242
23222
zahara enterprises inc
1254342
39351
WCF Group, LLC
1240703
33041
AMYSAM INC.
1230400
24269
BRINDAVAN INC
1242716
32386
shreedutta inc
1275507
35146
M&S investment of georgia,inc
1242149
41839
M & S Partners Llc
1246298
19798
TIME FINANCE, INC.
1268499
23308
Elliott's Marketplace, INC
1267183
21197
News Necessities Inc
1265815
23718
Big O's Package Store, Inc.
1232285
23340
TORINO,LLC
12/14/2015 Marietta
GA
12/22/2015 RINCON
GA
12/22/2015 GAINESVILLE
GA
12/22/2015 MOULTRIE
GA
12/22/2015 Cairo
GA
12/23/2015 ATLANTA
GA
12/30/2015 LOCUST GROVE
GA
12/30/2015 Stockbridge
GA
12/30/2015 Jonesboro
GA
Date 12/17/2015
City Roswell
State GA
Date 10/02/2015 10/05/2015 10/07/2015 11/03/2015 11/03/2015 11/12/2015 11/30/2015 12/01/2015 12/01/2015 12/01/2015 12/01/2015 12/01/2015 12/01/2015 12/07/2015 12/07/2015 12/07/2015 12/11/2015 12/11/2015
City
State
CARROLLTON
GA
Macon
GA
JONESBORO
GA
SNELLVILLE
GA
HOSCHTON
GA
perry
GA
MARIETTA
GA
East Point
GA
Jonesboro
GA
GAINESVILLE
GA
rincon
GA
cumming
GA
Duluth
GA
ATLANTA
GA
Conyers
GA
Alpharetta
GA
Columbus
GA
GRIFFIN
GA
Appendix 2 of 3
1241277 1267672 1240331 1238830 1271002
23910 22480 17775 25346 39079
Advanced Title Pawn Of Dalton, LLC Trouts Beverages, Inc. MONEY MARKET OF ATLANTA, INC. Om Star LLC dba Rocky's Liquor UMA INVESTMENT LLC
23
GA Money Transmitter License
Approved
NMLS# License#
Company Name
1238308
46574
Moon Inc
1200333
46430
Bannockburn Global Forex, LLC
1384867
47498
LumoXchange LLC
1435664
48520
SHEGER ENTERPRISE, LLC
4
Terminated - Surrendered/Cancelled
NMLS# License#
Company Name
1249882
29415
Frank Tax & Financial Services LLC
935628
22062
JUBA EXPRESS GROUP LLC
1243761
41433
Eyerus Money Transfer Service
3
GA Seller of Payment Instruments License
Approved
NMLS# License#
Company Name
1272156
45850
Tilia Inc.
1
Terminated - Surrendered/Cancelled
NMLS# License#
Company Name
1233299
22028
Point Financial Corporation
942586
17153
MEMO Financial Services, Inc.
2
12/14/2015 Dalton
GA
12/14/2015 Jasper
GA
12/16/2015 ATLANTA
GA
12/17/2015 Macon
GA
12/22/2015 CARTERSVILLE
GA
Date 10/06/2015 11/06/2015 11/13/2015 12/31/2015
City Boston Cincinnati Atlanta CLARKSTON
State MA OH GA GA
Date 10/19/2015 10/28/2015 12/16/2015
City Kennesaw FALLS CHURCH Clarkston
State GA VA GA
Date 12/18/2015
City San Francisco
State CA
Date 10/19/2015 10/29/2015
City Jonesboro Wormleysburg
State GA PA
Appendix 3 of 3