Sentence examples for remittance license from inspiring English sources

This decision is a result of PayPal failing to get a remittance license in the country from the Monetary Authority of Singapore.

In Singapore, the company was granted a Remittance License by the Monetary Authority and a Stored Value Facility approval — these two things combined let Revolut users hold money as well as send and spend money.

Toast is currently active in Hong Kong and the Philippines — the latter is the world's third largest market for remittance, at an estimated $29.7 billion per year — and, in line with today's fundraising reveal, the startup also confirmed it has secured a remittance license in Singapore, where it will soon offer its services.

The regulators told PayPal that they had revised remittance licensing rules.

In most countries, a business engaging in remittance activities will be categorised as a "Money Transfer Operator" and required to obtain a license as such.

Specifically, the license pertains to e-money issuing and payment services provision and includes credit transfer, payment transactions and money remittance.

§ 377.105 Collection and remittance.

Supporting private business is now encouraged under the general license that lets Cuban-Americans visit relatives, and in 2009, President Obama established a new policy letting Cuban-Americans visit the island whenever they want, and send unlimited remittances to relatives.

These businesses want to be licensed, but UK banks shy away, just like Barclays cut Somalia off the map," said Rossiello, referring to Barclays' attempt last year to cut off services to Somali remittance companies.

Remittance payments to Somalia dwarf aid spending.

§ 3120.3-3 Minimum bid and rental remittance.