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 everything needed to run compliant money transfer services — AML/KYC, multi-currency FX, agent networks and 147+ country payouts. Launch your branded service in 15–30 days. Book a demo or view pricing.

What Is MSB Software?

MSB software is the operating platform a Money Service Business uses to send, track, settle and report money transfers. It brings together the functions an MSB would otherwise stitch together from separate tools: customer onboarding and identity checks, anti–money laundering monitoring, a multi-currency FX engine, agent and sub-agent management, a branded customer app, and payout connections across borders. Remitz delivers all of it as one white-label system that a Money Service Business rebrands and runs as its own.

An important distinction: Remitz provides the software an MSB operates, not the authorisation to trade. In the UK a Money Service Business registers with HMRC for AML supervision and is authorised or registered with the FCA — as a Small Payment Institution (SPI) or Authorised Payment Institution (API). Remitz supports those obligations by building compliance into every transaction; it does not replace them. If you are still choosing a licence, our guide on the SPI licence vs API licence explains the difference, and SPI licence applicant software covers the platform for applicants mid-authorisation.

What Remitz MSB Software Includes

Everything a licensed Money Service Business needs to run a compliant, scalable money transfer operation.

Your Brand, Your Platform

Full white-label control across the customer web portal, mobile app and agent dashboards. Your customers see your MSB at every touchpoint.

Automated AML & KYC

Identity verification via Onfido, Yoti and Trulioo, real-time AML monitoring and suspicious-activity reporting built into every transfer to support your obligations.

Sanctions & PEP Screening

Screen every party against HM Treasury, OFAC, UN and EU lists, with ongoing PEP checks and risk-scoring on each transaction.

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

Live exchange rates, per-corridor margins and best-execution routing so your MSB sets competitive rates on every currency exchange.

147+ Country Payouts

Reach recipients across 147+ countries through bank deposit, mobile wallet and cash pickup via your integrated payout partners.

Built for Registered Money Service Businesses

A Money Service Business is any firm that transmits money, exchanges currency or cashes cheques as a regular part of its business. In the UK those activities are supervised for anti–money laundering purposes by HMRC, and providing payment services requires FCA authorisation or registration. Remitz money service business software is designed for firms operating within that framework — whether you are a newly authorised SPI, an established API scaling into new corridors, or an operator moving off spreadsheets and manual processes onto a single compliant platform.

The software fits alongside the rest of your operation. It works as your core remittance software back office and your customer-facing money transfer business software in one system, so you are not running two platforms or reconciling between them. New to UK authorisation? Read our guide to launching a UK money transfer business, and see the full range of software solutions by industry, including software for banks and software for fintechs and payment institutions.

Compliance That Supports Your Obligations

For an MSB, compliance is not a feature — it is the licence to operate. Remitz builds the controls your compliance team needs directly into the transaction flow, so every transfer is screened, risk-scored and audit-logged automatically rather than checked after the fact. The software supports your responsibilities under the UK Money Laundering Regulations 2017 and the Payment Services Regulations; the accountability for meeting them remains with your MSB.

  • KYC identity verification via Onfido, Yoti and Trulioo integrations.
  • Real-time AML transaction monitoring and ongoing screening.
  • Sanctions and PEP checks against HM Treasury, OFAC, UN and EU lists.
  • Complete audit trails to support your FCA, HMRC and PSR reporting.

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.

Launch Your MSB Platform in 15–30 Days

Because Remitz is pre-built and FCA-ready, a Money Service Business goes live in weeks rather than the 12–18 months a from-scratch build typically takes. Plans start at £79/month for SPI licence applicants, £299/month for Starter and £499/month for Enterprise, with a transparent one-time setup fee and no hidden costs. Compare plans on the pricing page.

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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 launches in 15–30 days. It supports your regulatory obligations rather than replacing them.
Does an MSB need to be registered with HMRC and the FCA?
In the UK, a Money Service Business registers with HMRC for anti–money laundering supervision and must be authorised or registered with the FCA to provide payment services — as a Small Payment Institution (SPI) or Authorised Payment Institution (API). Remitz software does not grant a licence; it gives an authorised or registered MSB the compliant infrastructure to operate. See SPI vs API licence.
How much does MSB software cost?
Remitz money service business software starts at £79/month for SPI licence applicants, £299/month for the Starter plan and £499/month for Enterprise, with a transparent one-time setup fee. Pricing depends on transaction volume, corridors and integrations required. See the pricing page for full details.
Is Remitz MSB software FCA-ready?
Yes. Remitz is FCA-ready money service business software with automated KYC identity verification, real-time AML transaction monitoring, sanctions and PEP screening against HM Treasury, OFAC, UN and EU lists, and complete audit trails to support your FCA, HMRC and PSR reporting obligations.
Can I white-label the MSB platform?
Yes. Remitz is fully white-label — your brand, logo, colours and domain across the customer web portal, iOS and Android apps and agent dashboards. Your customers and agents see your Money Service Business, never the Remitz name.

Explore More

Remittance Software

The white-label back-office platform behind your money transfer operation.

SPI Licence Applicants

The compliant platform for firms mid-way through FCA authorisation.

Pricing

Transparent plans from £79/month with a one-time setup fee.

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