Anti-Money Laundering Compliance and State Licensing
Choice Money Transfer is licensed to conduct business in the states listed below. In accordance with the requirements of the Electronic Code of Federal Regulations, the Bank Secrecy Act, the USA PATRIOT Act, and all relevant state regulations, Choice Money Transfer employs a full time staff to monitor all agencies and transactions to ensure compliance with all applicable laws and regulations relating to the prevention of money laundering. Simply put, these laws define the circumstances under which financial institutions such as Choice Money Transfer are required to take reasonable steps to verify both the identity of its customers and the source of their funds. Some agencies, such as the Office of Foreign Asset Control, set limitations as to persons, organizations and even countries with whom a financial institution such as Choice Money Transfer can do business. It is important to note that these requirements do not necessarily depend on the size of the transaction. Through the use of sophisticated software filters and individual analysis, we are required to monitor all transactions for evidence of individuals engaged in a pattern of transactions that give rise to a reasonable suspicion that they are “structuring” their transactions to avoid providing information or documentation to verify their identity and/or source of funds. Thus, customers may be required to provide valid government identification and other information and documentation regarding the transaction and their source of funds, regardless of the size of the transaction.
The information provided by customers for fulfillment of our compliance obligations is considered non-public personal information. As such, Choice Money Transfer is prohibited by law from releasing this information except insofar as it is necessary to complete the customer’s transaction or in response to a request by a state or federal government agency.
STATE LICENSING
CHOICE MONEY TRANSFER INC
STATE: Georgia
LICENSING AUTHORITY: Commissioner of Banking Department of Banking and Finance
CONTACT INFORMATION FOR COMPLAINTS: The Legal and Consumer Affairs Division of the Georgia Department of Banking and Finance will accept all questions or complaints from Georgia residents regarding Choice Money Transfer, Inc. at: 2900 Brandywine Road, Suite 200, Atlanta, GA 30341-5565. Phone number: (770) 986-1633 or Toll Free (888) 986-1633, Fax (770) 986-1657
STATE: Maryland
LICENSING AUTHORITY: State Bank Commissioner, Department of Licensing and Regulation
CONTACT INFORMATION FOR COMPLAINTS: The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding Choice Money Transfer, Inc. at: 500 North Calvert Street, Room 402, Baltimore, Maryland 21202. Phone number: 888-784-0136
STATE: North Carolina
LICENSING AUTHORITY: Commissioner North Carolina Banking Commission
CONTACT INFORMATION FOR COMPLAINTS: The North Carolina Commissioner of Banks Consumer Services Division will accept all questions or complaints from North Carolina residents regarding Choice Money Transfer, Inc. at: 4309 Mail Service Center, Raleigh, N.C. 27699-4309 or call (919) 733-3016, Fax (919) 733-691
STATE: New York
LICENSING AUTHORITY: Director Superintendent of Banks New York Banking Department
CONTACT INFORMATION FOR COMPLAINTS: The New York State Banking Department consumer Services Division will accept all questions or complaints from New York residents regarding Choice Money Transfer, Inc. at: One State Street, New York, N.Y. 10004-1417 or call 877-BANKNYS
STATE: Tennessee
LICENSING AUTHORITY: Department of Financial Institutions
CONTACT INFORMATION FOR COMPLAINTS: Department of Financial Institutions will accept all questions or complaints from Tennessee residents regarding Choice Money Transfer, Inc. at: Department of Financial Institutions, Nashville City Center, 511 Union Street, Nashville, TN 37215
GIRO EXPRESS INC
STATE: Delaware
LICENSING AUTHORITY: Office of the State Bank Commissioner
CONTACT INFORMATION FOR COMPLAINTS: The Office of the State Bank Commissioner will accept all questions or complaints from Delaware residents regarding GiroExpress, Inc. at: 555 E. Lookerman street, Suite 210 Dover Delaware 19901.
STATE: New Jersey
LICENSING AUTHORITY: Department of Bank and Insurance
CONTACT INFORMATION FOR COMPLAINTS: Licensing services bureau-banking will accept all questions or complaints from New Jersey residents regarding GiroExpress, Inc. at: Licensing Services Bureau-Banking PO BOX 473, Trenton, N.J. 08625
STATE: Virginia
LICENSING AUTHORITY: State Corporation Commission
CONTACT INFORMATION FOR COMPLAINTS: Bureau of Financial Institutions will accept all questions or complaints from Virginia residents regarding GiroExpress, Inc. at: State Corporation Commission – Bureau of Financial Institutions, 1300 East Main Street, Suite 800 P.B. BOX 640, Richmond, VA 23218
STATE: California
LICENSING AUTHORITY: State Department of Financial Institutions
CONTACT INFORMATION FOR COMPLAINTS: 111 Pine St., Suite 1100, San Francisco, CA 94111
Phone: 415-263-8555; Toll free in CA: 1-800-622-0620 (for consumer complaints against CA state-licensed banks, the "800" number reaches the Consumer Services Office, located in Sacramento, CA); Fax: 415-989-5310; E-mail: consumer@dfi.ca.gov; Web site: www.dfi.ca.gov