NMLS Money Services Businesses Call Report Detail Report Sections

The NMLS MSB Call Report is a routine report submitted through NMLS by an entity with at least one money services business license.

The report is comprised of four sections:
  1. Section I: Financial Condition Report (At Company Level1)
  2. Section II: Transaction Activity Reporting2
    1. Company-wide Transactions Detail
    2. State Transactions Detail
  3. Section III: Permissible Investments Report (At Company Level)
  4. Section IV: Transactions Destination Country Reporting
    1. Company-wide Transactions Destination Country Detail
    2. State Transactions Destination Country Detail

Companies are only required to complete data fields in the Transaction Activity Reporting Sections (Section II) that are relevant to the company’s MSB activities and/or authorities. Relevancy is determined by business activities selected by the licensee on the Company Form (MU1). Section III (Permissible Investments Report) will only be required for licensees completing activities that are relevant to permissible investment requirements. The intention is for those areas of the NMLS MSB Call Report that are not applicable to a specific company to not be required, by the System, to be completed. For example, if a company only conducts check cashing activity, the System will only require the licensee to complete the financial condition report, and company-wide and state check cashing transactional activity data fields.

Section IV(a) and IV(b) Destination Country Detail must only be submitted as part of the fourth quarter submission by money transmission licensees engaged in foreign money transmission activity3. Data submitted as part of the Destination Country Detail must include all foreign transactions completed during the entire calendar year.

1 The financial condition report of the MSB Call Report must be reflective of the licensee and not “rolled-up” or consolidated information of the parent company. The financial statements must be consolidated at the licensee level. Financial condition information shall include consolidated financial data for the licensee submitting the report inclusive of its subsidiaries.
2 Agent level transaction reporting is not included in the initial deployment of the MSB Call Report. It is intended for agent level transaction reporting to be included in a later version of the report (date to be determined).
3 Virtual currency activity does not require destination country reporting.