Quarterly MSB newsletter: quarterly summary of money service businesses activities for the period ending March 31, 2018

Georgia Department of Banking & Finance ~ Non-Depository Financial Institutions Division
QuarteMrolnythSluy mSummmaarryy ooff MMorotngaegye AScetrivviitciees Bfour sthineePsesrieosd AEncdtiinvgitAipersil 2007 for the Period Ending March 31, 2018

Inside this Issue:
NMLS Money 2 Services
Businesses Call Report and 1st Quarter 2018
Upcoming Atlanta 3 Check Cashing Classes
Upcoming 2018 3 State Holidays
Contact Information 4
APPENDIX: MSB Activity by Current
License Status

State Financial Regulators Release BSA/AML Compliance Tool for Money Services Businesses (MSBs)
On February 13, 2018, State financial regulators announced the release of a new, voluntary tool to help money services businesses better manageBank Secrecy Act/Anti -Money Laundering (BSA/AML) risk.
Developed by the Conference of State Bank Supervisors (CSBS) and state regulators, the BSA/AML Self-Assessment Tool aims to help institutions better identify, monitor and communicate BSA/AML risk. The tool is intended to reduce uncertainty surrounding BSA/AML compliance, support more transparency and address de-risking practices within the financial sector.
To access the BSA/AML Self-Assessment Tool for MSBs, visit https://www.csbs.org/ money-services-business-bsaaml-self-assessment-tool on the CSBS website.

New Georgia Checklists Published on NMLS

On March 9, 2018, the Department released new application, amendment, and surrender checklists on the NMLS. Please visit the NMLS Resource Center for our most current checklists and jurisdictional forms. When making any change to your NMLS record, please consult the appropriate Amendment checklist.

Using outdated forms will delay the processing of applications and other approval requests.

Georgia Check Casher License Georgia Check Casher Branch Location Georgia Money Transmitter License Georgia Seller of Payment Instruments License

New Application Amendment Surrender
New Application Amendment Surrender
New Application Amendment Surrender
New Application Amendment Surrender

Page 2

1st Quarter 2018

NMLS Money Services Businesses Call Report and 1st Quarter 2018 Quarterly Reporting
Quarterly reports on transactions that occurred between January 1, 2018 - March 31, 2018, are now due. The Department adopted the NMLS Money Services Businesses Call Report (MSBCR) functionality for submission of routine financial and transactional reporting requirements by Seller of Payment Instrument and Money Transmitter Licensees.
The NMLS MSBCR is a mandatory filing for Seller of Payment Instrument and Money Transmitter Licensees and is due 45 days after the quarter end (May 15, 2018). Licensees should follow the instructions and directions provided by NMLS for completing the MSBCR requirement, in addition to updating the Uniform Authorized Agent Report (UAAR). Even if you have nothing to report, you must complete the MSBCR and the UAAR in NMLS.
All updates and resources pertaining to the MSBCR will be posted on the MSB Call Report page on the NMLS Resource Center. Likewise, the Department will continue to communicate with its licensees for reporting requirements outside of NMLS. Questions regarding the MSBCR or the UAAR should be directed to the NMLS Call Center at 1-855-NMLS-123 (1-855-665-7123).
In addition to the reporting through NMLS, licensees must also submit Average Daily Balance of Outstandings directly to the Department, outside of the NMLS, through the existing webform.
Please complete and submit all reports by May 15, 2018.
Licensees that fail to file all required reports by the deadline will be assessed a fine of $1,000 and may subject their Georgia license to revocation.
If you have additional questions, please e-mail the Department's MSB Section at msb@dbf.state.ga.us.

COMMONLY USED ACRONYMS

CC -- Check Casher License Department -- Ga. Department of Banking and Finance ESB -- Electronic Surety Bond MSB -- Money Services Business MSBCR -- Money Services Businesses Call Report

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

1st Quarter 2018

Page 3

Upcoming Atlanta Check Cashing Classes
The Department offers a check cashing class that benefits first-time and experienced check cashers. These classes generally last about an hour. 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.
The classes are limited to a maximum of seven attendees, so you must make an advance reservation by calling 770-986-1652 or emailing msb@dbf.state.ga.us. Reserve your seat now! We look forward to seeing you.
Upcoming Atlanta Check Casher Class* June 6, 2018, 10:00 AM
September 5, 2018, 10:00 AM December 5, 2018, 10:00 AM
* Please note that the class schedule is subject to change

Upcoming 2018 State Holidays--State Offices Closed
State Holiday -- Will be observed on Monday, April 23rd Memorial Day -- Monday, May 28th Independence Day -- Wednesday, July 4th

Page 4

1st Quarter 2018

Department Contact Information
NAME Fernando Ornelas, Supervisory Examiner Ana Contreras, Financial Examiner Byron Larios, Senior Assistant Financial Examiner

E-MAIL ADDRESS fornelas@dbf.state.ga.us acontreras@dbf.state.ga.us blarios@dbf.state.ga.us

PHONE# (770) 986-1313 (770) 986-1652 (770) 986-1639

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. 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 and that you keep us informed if your e-mail address changes. Please be sure that your e-mail account does not divert Department e-mail to your spam or junk folder.

1st Quarter 2018
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

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 economic growth and prosperity in Georgia.

Sign-up to Receive this Publication
This quarterly publication highlights topics and activities pertaining to the Department's regulation of state-licensed Money Service Businesses (MSBs). Notification is delivered to interested parties via e-mail. Licensee primary contacts are automatically subscribed to receive Department publications appropriate to their particular industry.
If you would like to be added to our distribution list, please go to the Quick Links section on our homepage (dbf.georgia.gov) and click on Stay Connected. This will take you to our new subscription service provided by GovDelivery (also known as Granicus). Notifications regarding subscriptions will no longer be sent from dbfpress@dbf.state.ga.us but will originate from <Department of Banking and Finance> GADBF@public.govdelivery.com.

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. An entity has been ordered to s urrender their approved licens e. The entity is not authorized to conduct busines s. 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

1696218

59626

Raina Rakin Investment LLC

1635404

59480

Jay Ma Brahmani LLC

1692597

59185

SHREEJI PACKAGE LLC

1657989

59869

ATZ GROUP INC

1704842

60051

GMP PROPERTIES OF VALDOSTA INC

1713738

60264

Fastlane check cashing McDonough,llc

1396676

47156

ROYAL GAS & FOOD INC

1243766

31907

SOMESH PACKAGE STORE LLC

1700864

59903

DHWANI, INC.

1703749

60067

BOSS CHECK CASHING AND MONEY SERVICES LLC

1675007

60152

M & DK Company LLC

1655430

57656

GHOTRA BROTHERS INC

1253868

20934

EMPRESAS GARCIA LLC

1495640

51156

COBBLESTONE STORE INC

1716952

60427

6167 LIQUOR LLC

1574882

56350

MEMORIAL EXPRESS INC

1686993

59576

East Point Venture 92, LLC

1697849

60153

JAI RANCHOD INC OF BAXLEY

1286530

45028

Ethredge Properties LLC

1701831

60642

claxton convenience mart llc

Date 01/04/2018 01/11/2018 01/24/2018 01/25/2018 01/30/2018 01/30/2018 02/05/2018 02/05/2018 02/07/2018 02/08/2018 02/09/2018 02/12/2018 02/12/2018 02/13/2018 02/15/2018 02/20/2018 02/26/2018 02/26/2018 02/26/2018 03/05/2018

City Winder Valdosta MARIETTA Lilburn VALDOSTA McDonough ELLENWOOD moultrie COLUMBUS NORCROSS Brunswick MADISON Cornelia FAYETTEVILLE stone mountain DECATUR East Point BAXLEY Mount Vernon claxton

State GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA

Appendix 1 of 5

1718107 1594272 1715324 1726265

60555 55202 60956 60942

ARAV N ARIANNA LLC KRISH2016 MANAGEMENT LLC Veera Shiv Inc Reena Trading Inc

24

Terminated - Expired
NMLS# License#

Company Name

1230597

30732

JOHNSON TAX SERVICE LLC DBA EDWARDS TAX SERVICE

1232799

43928

Indusa Beverage Inc

1275486

23998

J.C Brantley, Inc dba Main Street Bait, Tackle and Pawn

1254327

9496

JACKIE'S GUN & PAWN INC

1249923

23899

JAIPRABHU, INC.

1233315

24202

Akshay, Inc

1230911

13027

HMY ENTERPRISE,INC

1266663

40283

Jeffs Beverage Depot

1377288

46690

Happy Go Lucky, Inc.

1581805

54561

Karim Ali dba Geraro Grocery

1622111

56485

khodiyar seven corp.

1256670

41069

KINGSTON GROCERY, INC.

1239867

40971

KOMAL FOOD INC.

1234714

32505

L & K SPIRITS, INC

1256028

25011

ADR Financial Services, Inc.

1275502

16373

Lee Discount Company Inc.

1234177

34146

jay narsangaveer llc

1229110

34046

AYUSHI DEVELOPMENT

1229201

23122

Cash Express of Georgia, INC

1530204

52371

BLESSING FOOD MART LLC

1447496

49215

D & G Burke Dawgs LLC

1238671

34147

BIG E Z WIRELESS INC

1264846

34903

Bhanumapi, Inc.,

1433294

48837

Ben JM, Inc.

1253868

20934

EMPRESAS GARCIA LLC

1381261

46801

AMAYAH INVESTMENTS INC

03/05/2018 03/08/2018 03/26/2018 03/30/2018

Cario Claxton Hawkinsville Hazlehurst

Date 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018 01/01/2018

City MOULTRIE Albany Vidalia Eastman BAXLEY Riverdale Decatur Richmond Hill Marietta Griffin woodbine Kingston ROCHELLE Decatur atlanta Vidalia sandersville MOULTRIE Albany CHAMBLEE Waynesboro conyers LYONS College Park Cornelia DORAVILLE

GA GA GA GA
State GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA

Appendix 2 of 5

1250363 1286530 1245649 1248916 1238767 1549725 1406412 1247306 1245828 1241246 1232814 1380722 1240758 1232798 1240469 1593499 1246732 1240297 1464025 1524654 1237266 1612352
1587014 1243766 1235839 1242655 1237249 1434633 1255038 1245656 1245693 1530221 1240304

38925 45028 20783 40804 21742 53428 47613 30217 34323 29929 20527 46800 9029 22558 35252 55468 32878 29931 49940 52372 20520 55969
30016 31907 44397 38264 44108 51217 39921 30294 38262 52582 23906

Azalea USA LLC Ethredge Properties LLC Aum Enterprises,Inc. Garnto, William, Daniel Atkinson Pawn & Gun Shop Inc ASHVEEN INC GS & KC INC GUDDY INC Cairo IGA himansifood inc ENARA GROUP INC SONIA BEVERAGE HOLDINGS INC MCS INVESTMENTS INC dba elmstreet check cashing SARA G INC. mahi patel llc SH REDAN PACKAGE, LLC Shajanand1llc SHAYONA FOOD CORPORATION Shital Enterprises LLC Shiv Krisha,Inc. SHIVANAND CORPORATION DBA S&S PACKAGE STORE SHREE GAJKARNA CORPORATION
SADHIMA INC SOMESH PACKAGE STORE LLC SAL-TOL INC SP TRUCKSTOP, LLC. T & T Gas, LLC TA Operating LLC Title World Inc Tri-County Quality Foods of Hartwell, Inc. TSK 786 INC D.B.A TEXACO GAS STATION TWO BROTHERS CONVENIENCE INC UMIYA MA INC.

01/01/2018 Doraville

GA

01/01/2018 Mount Vernon

GA

01/01/2018 Montezuma

GA

01/01/2018 McIntyre

GA

01/01/2018 Hortense

GA

01/01/2018 TOCCOA

GA

01/01/2018 BROOKHAVEN

GA

01/01/2018 TIFTON

GA

01/01/2018 Cairo

GA

01/01/2018 blackshear

GA

01/01/2018 BETHLEHEM

GA

01/01/2018 MARIETTA

GA

01/01/2018 covington

GA

01/01/2018 Duluth

GA

01/01/2018 GROVETOWN

GA

01/01/2018 STONE MOUNTAIN GA

01/01/2018 albany

GA

01/01/2018 GEORGETOWN

GA

01/01/2018 Brunswick

GA

01/01/2018 JACKSON

GA

01/01/2018 ATLANTA

GA

01/01/2018 DAWSON FOREST

GA

ROAD

01/01/2018 COLUMBUS

GA

01/01/2018 moultrie

GA

01/01/2018 DALTON

GA

01/01/2018 Bainbridge

GA

01/01/2018 Macon

GA

01/01/2018 Westlake

OH

01/01/2018 FT.Oglethorpe

GA

01/01/2018 HARTWELL

GA

01/01/2018 ellenwood

GA

01/01/2018 FOREST PARK

GA

01/01/2018 VALDOSTA

GA

Appendix 3 of 5

1255989 1256807 1246311 1253354 1245659 1232458 1238296 1263016 1269861 1246312 1574882 1230524 1267641 1574312 1245412 1245654 1230599 1245661 1247462 1588927 1257702 1230543 1282186 1251228 1488321 1396676 1537053

36305 31176 37110 29144 30296 23933 22648 21152 36380 42709 56350 43905 25273 54160 23415 30293 35750 30297 29321 55342 44316 9322 45733 33050 51485 47156 52718

United Financial Vivek Enterprises Inc WREN, RAY, BYRON DBA Rack & Grill Shree Ramdev LLC DBA WCS Minit Mart Quality Foods of Sugar Hill, Inc. NEW GREEN ENTERPRISES, INC Mun Kom Inc DBA Spalding Liquor OM SAI INC Morgan Greystone Enterprises, LLC SFS ENTERPRISES INC MEMORIAL EXPRESS INC RRF Tonys, LLC PLATONIK INC Pramukh Swami Chatsworth LLC NEW KOREANA RESTAURANT INC Quality Foods of Cornelia, Inc. PATIALA FOOD MART, INC Quality Foods of Toccoa, Inc. Quick Shop Express Inc Raina Rakin Developments, LLC RATH, LLC RAYMOND J BROWN YOGINE LLC RIKIN N REMA INC Ross Management Group LLC ROYAL GAS & FOOD INC PURNIMA USA LLC

86
GA Money Transmitter License

Approved
NMLS# License#

Company Name

1384867

47498

LumoXchange LLC

1701125

59764

Blockchain Technology Machines Inc.

01/01/2018 Columbus

GA

01/01/2018 Ashburn

GA

01/01/2018 martinez

GA

01/01/2018 Forsyth

GA

01/01/2018 Buford

GA

01/01/2018 Acworth

GA

01/01/2018 Griffin

GA

01/01/2018 JESUP

GA

01/01/2018 Atlanta

GA

01/01/2018 MORROW

GA

01/01/2018 DECATUR

GA

01/01/2018 Hampton

GA

01/01/2018 ATLANTA

GA

01/01/2018 Chatsworth

GA

01/01/2018 ATLANTA

GA

01/01/2018 Cornelia

GA

01/01/2018 Duluth

GA

01/01/2018 Toccoa

GA

01/01/2018 Mableton

GA

01/01/2018 Altnata

GA

01/01/2018 CAIRO

GA

01/01/2018 CALHOUN

GA

01/01/2018 AMERICUS

GA

01/01/2018 Rome

GA

01/01/2018 Dalton

GA

01/01/2018 ELLENWOOD

GA

01/01/2018 GLENWOOD

GA

Date 01/02/2018 02/15/2018

City Little Rock Marietta

State AR GA

Appendix 4 of 5

2

Terminated - Expired
NMLS# License#

Company Name

1392720

24446

Thinking Minds, Inc.

1240956

19138

UNITRANSFER GEORGIA, INC.

1567523

56242

Lifeline Legal Funding LLC

1561693

53675

FreeTradePay, LLC

4

Terminated - Surrendered/Cancelled

NMLS# License#

Company Name

1597670

57968

RegionsLink Corp

1
GA Seller of Payment Instruments License

Approved
NMLS# License#

Company Name

1679397

60426

Apple Payments Inc.

1

Terminated - Expired
NMLS# License#

Company Name

1124974

52022

Tiger Commissary Services, Inc.

1242697

40044

P2P Cash Inc.

1256702

39829

BitPay Services LLC

3

Date 01/01/2018 01/01/2018 01/01/2018 01/01/2018

City Marietta Miramar Atlanta Norcross

State GA FL GA GA

Date 01/23/2018

City Snellville

State GA

Date 02/08/2018

City Cupertino

State CA

Date 01/01/2018 01/01/2018 01/01/2018

City Jonesboro roswell Atlanta

State AR GA GA

Appendix 5 of 5