RemitSo Compliance

RemitSo Compliance is the consulting arm of RemitSo, supporting the launch and regulatory maintenance of money-transfer businesses. The operating entity is Prymera Consulting Pvt Ltd, and the markets are Australia, Canada, the United Kingdom, the United States and the European Union.

Services Four items are listed: money-transfer licensing, support with AUSTRAC, FINTRAC, FCA and FinCEN, AML/CTF programmes and business plans, and post-licence support. The business plan, the AML/CTF documents and the organisational structure are the core of a remittance application, and the support continues once permissions are held.

Multi-jurisdiction maintenance According to the description, the team helps maintain permissions in several jurisdictions, which suits operators that serve corridors between these countries.

Who it suits Remittance start-ups, payment companies adding a transfer product and founders planning to license in more than one of the named regulators’ countries. Pricing is not published; request a scope and quote for each jurisdiction.