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 Using outdated forms will delay the processing of applications and other approval requests.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