DOB: Check Cashing Service Licensing Information

Check Cashing Licensing


Essential Statutes
Please reference the relevant Connecticut Statutes (§§ 36a-580 to 36a-589) and Regulations before applying for a license.

Notice to all Check Casher Licensees:
Section 36a-584(c) of the Connecticut General Statutes requires check casher licensees to submit a report quarterly to this department specifying the number and type of checks cashed that exceed Two Thousand Five Hundred dollars ($2,500.00).  Licensees must complete the required Quarterly Report Form and return on or before the following dates:  January 15th, April 15th, July 15th, and October 15th.
 

 Nationwide Multistate Licensing and Registry
 
On July 1, 2015, the Department of Banking began participation for non-mortgage licensees on NMLS. 
 


If you wish to apply for a check cashing license you should begin by first reviewing Connecticut’s Jurisdiction-Specific Requirements along with Connecticut's check cashing licensing statutes, which provides the current licensing procedures and requirements applicable to check cashing facilities.
 
All new applications must be submitted to the Department via the Nationwide Multistate Licensing and Registry.
 
If your company already has a completed record in the National Mortgage Licensing System, then applying for a license in Connecticut merely involves filing your company's record (Form MU1), control person records (Form MU2), and relevant branch records (Form MU3) with Connecticut through the NMLS and mailing in the required jurisdiction-specific requirements to the Department.
 
Go to the Getting Started page of the NMLS website and follow the steps outlined.
 
  {NMLS Button}
 
Any questions relating to the NMLS should be directed to the NMLS Call Center at (855) 665-7123.


CONTACT

Connecticut Department of Banking
Consumer Credit Division
260 Constitution Plaza
Hartford, CT 06103-1800

Telephone: (860) 240-8200 or toll-free 800-831-7225
Fax: (860) 240-8215

WHO TO CONTACT - Contact Anne Cappelli by phone at 860-240-8206 or send your questions
via e-mail to Anne.Cappelli@ct.gov for additional assistance.



Content Last Modified on 9/25/2017 9:57:15 AM