Learn More about Money Transmitters
Orders and Press Statements
Laws and Rules:
Frequently Asked Questions:
- General Money Transmitter FAQs updated 09.2023
- 2023 Digital Currency License Guidance (05.26.2023)
- Do payroll processors need a money transmitter license to operate in Hawaii?
Payroll processors (also referred to as payroll services or payroll providers) are companies that contract with employers to provide support related to paying wages to company employees (including contract employees), along with the payment of related taxes to relevant government authorities, and other payroll-deducted payments (such as payments for healthcare, retirement account contributions, and other employee benefits). Payroll processors may provide other services, such as payroll compliance and HR functions, in addition to the disbursement of payroll for the employer.
Payroll processors providing services as described above may not require a money transmitter license to operate in Hawaii.
- CSBS White Paper MSB Regulation and Supervision
- Digital Currency Innovation Lab – Consumers
- Digital Currency Innovation Lab – Industry
- Virtual Currency
Money Transmitter License: To apply for a new Money Transmitter License, please go to the NMLS Resource Center.
Fingerprinting information forms: DFI Form FP (Instructions, MLO, MLOC, MT, ED).11.05.2020