Solutions for MSBs

MSB Software for Money Service Businesses

Remitz is white-label money service business software that gives an FCA-authorised or registered MSB technology to support its money transfer operations and compliance programme — AML/KYC, multi-currency FX, agent networks and integrated payout partners. Launch timing depends on authorisation, provider credentials, configuration and testing. Book a demo or view pricing.

What Is MSB Software?

MSB software connects customer records, transactions, agents, rates and provider workflows. Remitz supplies that technology under your brand. Confirm required modules and services; the software does not supply your licence, banking or payment accounts.

Remitz provides software, not authorisation to trade. Confirm the requirements for your activities with the relevant authorities and advisers. Our SPI and API guide is educational; the applicant environment is non-operational.

What Remitz MSB Software Includes

Review the software workflows and provider dependencies your operation needs.

Your Brand, Your Platform

Apply your branding to the agreed channels. Mobile and agent scope depend on your plan and implementation.

KYC & AML Workflows

Connect your chosen verification and screening providers to the review steps agreed with your compliance team.

Sanctions & PEP Screening

Confirm parties checked, list coverage, refresh frequency and handling of potential matches with your screening provider.

Agent & Sub-Agent Management

Onboard agents and sub-agents with individual wallets, commissions, FX markups and compliance rules. Explore agent-based money transfer.

Multi-Currency FX Engine

Manage corridor margins using your agreed rate sources. Remitz supplies neither FX liquidity nor banking accounts.

Payout Partner Integrations

Reach recipients through bank deposit, mobile wallet and cash pickup via your integrated payout partners.

Built for Registered Money Service Businesses

Starting an MSB, replacing legacy software and expanding a branch network require different implementation work. Bring your current records, provider contracts and operating process to evaluation.

Review operational platform scope and business-software requirements. Use the UK launch guide for preparation and compare industry needs, including banks and fintechs.

Compliance That Supports Your Obligations

Your compliance programme determines the checks, reviews and records required. Remitz supports the agreed workflows; your team retains policy decisions, investigations and submissions. Validate:

Required identity checks and provider-service coverage.
Monitoring rules, review holds and escalation responsibilities.
Screening coverage and refresh frequency with your provider.
Available audit records and report exports; your firm owns submissions.

Safeguarding of customer funds

Remitz does not hold customer funds or supply safeguarding accounts. Your firm arranges the appropriate banking and provider services. Review available ledger, provider and transaction records with your finance team; do not assume they perform safeguarding reconciliation automatically.

Remitz does not currently provide a purpose-built safeguarding reconciliation module or automated safeguarding attestation reporting. If your permission requires daily safeguarding reconciliation, that process sits with your finance function, using the records above.

Applying for, or holding, a Small Payment Institution licence? The SPI applicant platform and our SPI vs API licence guide set out how the software fits each authorisation route.

Plan Your MSB Platform Launch

Starter is £299/month plus £1,500 setup; Growth is £799/month plus £2,000 setup. Enterprise is quoted. Provider charges and additional work are separate. Confirm scope on the pricing page and in your quotation.

Book a 15-minute demo

Already Trading? Moving an Existing MSB to Remitz

For an existing MSB, continuity matters as much as the new screens. Review customer records, balances, pending transactions and provider connections before agreeing a migration.

You retain your authorisation and provider contracts. Remitz assesses connector compatibility and the credentials, configuration and testing needed. An existing provider relationship does not prove a migration needs no development.

Data migration is scoped case by case: how much moves, and how quickly, depends on the size and structure of your existing records and on how readily your current provider releases them. We would rather scope that properly than quote you a standard timeline. Book a 15-minute demo and we will talk through what moving your book would actually involve.

Frequently Asked Questions

What is MSB software?

MSB software is the platform a Money Service Business uses to operate money transfer and remittance services — customer onboarding, AML/KYC, multi-currency FX, agent management and cross-border payouts. Remitz is white-label MSB software that a Money Service Business rebrands as its own and configures around its licence and provider relationships. It supports your regulatory obligations rather than replacing them.

Does an MSB need to be registered with HMRC and the FCA?

Requirements depend on the activities your firm carries out and its regulatory arrangement. Confirm applicable HMRC and FCA requirements with those authorities and your advisers. Remitz supplies software, not registration, authorisation or permission to trade. See SPI vs API licence.

How much does MSB software cost?

Remitz money service business software starts at £79/month for the non-operational SPI applicant environment (no setup fee), £299/month plus £1,500 setup for Starter, and £799/month plus £2,000 setup for Growth. Enterprise pricing and setup are quoted. Third-party provider fees are separate. Pricing depends on transaction volume, corridors and integrations required. See the pricing page for full details.

Is Remitz MSB software FCA-ready?

Remitz provides technology that supports your compliance programme; it does not provide FCA approval, authorisation or a guarantee of compliance. Agree verification, screening, monitoring, review and reporting workflows with your team and providers. Your firm retains regulatory responsibility, compliance decisions and submissions.

Can I white-label the MSB platform?

Yes. Apply your branding to the agreed customer and staff channels. Mobile and agent scope depend on your plan and implementation. Confirm branding surfaces and publishing responsibilities before committing.