• Home to DLR
• Home to Banking
• About Us
• Banking Commission
  • Commission Meetings
  • Commission Members
• Banks
• Consumer Resources
  • Consumer Information
  • Submit a Complaint
• Forms
• South Dakota Laws and Rules
  • Legislative Updates
  • Supervisory Guidance
  • Federal Regulations
• Money Lenders
• Money Transmitters
• Mortgage Licenses
• Public Deposit Protection Commission
• Trust Companies
• Trust Task Force
• Monthly Activity Reports
  • Current Year Reports
  • Archived Activity Reports
• Contact Us

Banking

Money Transmitter License Renewal

Licensees must use the Nationwide Multistate Licensing System & Registry (NMLS) to submit their renewal requests through the NMLS website.

The renewal fee is $800 as set by Administrative Rule of South Dakota (ARSD) 20:07:21:02.

Licensees must submit renewal requests by Dec. 1, or the Division will charge a $200 late fee.