An issuer of money orders (other than a person who does not issue such money orders in an amount greater than $1000 in currency or monetary or other instruments to any person on any day in one or more transactions) is a type of money services business, which is regulated by Title 31. A seller or redeemer of money orders (other than a person who does not sell or redeem such money orders in an amount greater than $1000 in currency or monetary or other instruments to any person on any day in one or more transactions) is defined as a money services business. See FAQs regarding Identification of Money Services Businesses and Registration of Money Services Businesses. Return to List of FAQs
