How to start a money transfer business? Some of your aspiring entrepreneurs might have wondered on that. I’ve written literally 1,000s of answers pertaining to this field and ow slowly one by one, I will make small 2-3 minute videos of these answers and post them on YouTube.

If you have a question on how to start a money transfer company, ask away in the comments. I will be happy to answer.

This video deals with one of 5 points I want you to consider BEFORE you jump into the money transfer business idea.

How to Start a Money Transfer Business - Compliance & Law Tip! (The last point is the most serious. You cannot afford to screw up in this business when it comes to compliance and the law. Watch the video for more information).

About Faisal Khan
Faisal Khan is a banking / payments consultant specializing in cross-border payment system and a digital money evangelist. He is the co-host of Around the Coin, a weekly podcast on Payments & Fintech with over 18,000+ listeners. Mr. Khan is a talent scout for Series A & B financing for various fintech VCs/funds. He is also a frequent contributor to popular Q&A site Quora where he has been a Top Writer 6 consecutive years.

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