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 Page 2 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 Page 3 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 Page 4 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 Page 5 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