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Calculate when your FinCEN Form 107 registration or renewal is due.
FinCEN sets two separate deadlines for MSBs: one for registering when you begin operating and one for renewing your registration every two years. Both processes are completed using Form 107.
Most Money Services Businesses (MSBs) must register with FinCEN by filing Form 107 within 180 days of beginning MSB activities. The registration requirement applies to MSB principals, while agents operating under a registered principal generally do not file their own registration.
Form 107 must be submitted electronically through the BSA E-Filing System. FinCEN no longer accepts paper filings for MSB registration.
MSB registration must be renewed every two years, with each renewal due by December 31.
The renewal schedule is based on the calendar year of your initial registration, not the exact day you filed. Your first renewal is due on December 31 of the year after you registered, and every two years after that.
For example:
FinCEN does not send renewal reminders. If you miss the renewal deadline, your registration lapses. The renewal requirement is established under 31 CFR 1022.380(b).
You renew your MSB registration electronically through the BSA E-Filing System using FinCEN Report 107 (RMSB). The process usually takes only a few minutes to complete if you saved your previous Form 107 and your business information has not changed.
Sign in to the BSA E-Filing System using the same account your business uses to file CTRs, SARs, or other BSA reports.
Select “File FinCEN Report 107 (RMSB)”. If you saved a PDF copy of your previous Form 107, open it and update only the information that has changed before submitting it as your renewal. Otherwise, complete a new Form 107 from the beginning.
In Part I, check Box 1b (Renewal). Have your BSA ID or previous registration number available to help identify your existing registration.
Carefully review all required fields before submitting, especially your Employer Identification Number (EIN). An incorrect or missing taxpayer identification number can prevent your business from appearing in FinCEN’s public MSB Registrant Search.
Electronically sign the form using your BSA E-Filing PIN, then submit your renewal.
Download and save both the submitted Form 107 and the submission confirmation receipt. FinCEN requires MSBs to retain registration records for five years. Because FinCEN no longer mails acknowledgment letters, the submission receipt together with your public listing serves as proof of registration.
Your renewed registration typically appears in the public MSB Registrant Search within about two weeks.
If you miss your MSB renewal deadline, your registration lapses, and continuing to operate without an active registration is unlawful.
A lapsed registration can result in civil penalties of over $10,000 per violation. Each day that the violation continues counts as a separate violation.
FinCEN removes MSBs that fail to renew from the public MSB Registrant Search during its annual purge every May. Banks, payment providers, and other financial partners often use this register to verify that an MSB is properly registered. Being removed from the list can trigger account reviews, additional compliance checks, or account closure due to de-risking concerns.
A lapsed registration may also be identified during IRS BSA examinations and state money transmitter or MSB license reviews.
There is no grace period or separate reinstatement process for expired MSB registrations. The solution is to submit a renewal Form 107 through the BSA E-Filing System as soon as possible.
If your business was removed from the public register, filing the renewal generally restores your listing within about two weeks.
Re-registration is a new Form 107 filing required after certain changes to your MSB. It is separate from the regular two-year renewal cycle and has its own filing deadline.
Three events trigger re-registration:
You must file a re-registration within 180 days of the triggering event.
Re-registration starts a new two-year registration period. Your next renewal deadline is calculated from the year the triggering event occurred, not your original registration year.
When filing Form 107, select Box 1d (Re-registration) in Part I instead of Box 1b (Renewal). If you select Box 1d, the form will also ask you to identify the reason for re-registration, such as re-registration required under state law, a transfer of more than 10% of equity interests, or an increase of more than 50% in the number of agents.
Routine updates, such as an address change or new bank account, do not require re-registration. These changes are handled through an amended filing by selecting Box 1c (Correct/amend a prior report) in Part I.
The three re-registration triggers above are the same checks used in the calculator. If any of them apply to your business, your calculated renewal date no longer controls and you must file a re-registration now.
FinCEN registration and state money transmitter licenses are two separate compliance requirements. Registering with FinCEN does not authorize you to transmit money in any state, and holding state licenses does not satisfy your FinCEN registration obligation. Most money transmitters need to maintain both.
| FinCEN registration (federal) | State money transmitter license | |
|---|---|---|
| What it is | Registration, not a license | License to operate in that state |
| Where it's filed | BSA E-Filing (Form 107) | NMLS (most states) |
| Cost | Free | Application and renewal fees, surety bond, net worth requirements |
| Renewal | Every 2 years | Typically annual |
| Deadline | December 31 (calendar-year cycle) | Varies by state; NMLS renewal window is typically Nov 1–Dec 31 |
| If it lapses | Federal violation, § 1960 criminal risk, removed from the MSB register | Operating unlicensed in that state, also a § 1960 crime |
The term "MSB renewal" can refer to either federal registration renewal or state license renewal. This calculator covers only the FinCEN MSB registration renewal deadline. State license renewal dates are separate and vary by state.
To check state money transmitter licenses, use NMLS Consumer Access.
This calculator is an independent tool and is not affiliated with or endorsed by FinCEN or the U.S. Department of the Treasury. Deadlines are calculated from the rules in 31 CFR 1022.380. This is general information, not legal or compliance advice. Verify your specific situation at fincen.gov or with the FinCEN Resource Center.
MSB registration is a federal requirement for money services businesses to file FinCEN Form 107 within 180 days of starting operations. It identifies your business to FinCEN, the Financial Crimes Enforcement Network. Registration is separate from any state money transmitter license your business may also need.
Your renewal is due by December 31 of the year after the calendar year you first registered, and every two years after that. For example, if you registered at any point in 2025, your first renewal is due December 31, 2026. The cycle is based on the year, not the exact date you filed.
Your registration is good for a two-year registration period that ends on December 31. To keep it valid, file a renewal Form 107 by the deadline. There is no lifetime registration, and the renewal requirement applies even if nothing about your business has changed.
Not anymore. FinCEN retired its official MSB Registration Renewal Calculator and now directs deadline questions to its Resource Center. This independent calculator implements the same rules from 31 CFR 1022.380. It is not affiliated with or endorsed by FinCEN.
No. FinCEN does not send reminders, and a missed deadline means your registration lapses and your business is removed from the public register.
You must file Form 107 within 180 days of the date your business begins MSB activities. The deadline applies to MSB principals. Agents operating under a registered principal generally do not register separately.
Filling out and filing Form 107 takes about an hour for an initial registration, and only a few minutes for a renewal if you saved your previous form. Your business then appears in FinCEN's public MSB Registrant Search within about two weeks of filing.
Nothing. Both initial registration and renewal are free. Be cautious of third-party services charging large fees for what is a simple free filing. State money transmitter licenses, by contrast, do involve fees.
Most MSB principals must file Form 107 through the BSA E-Filing System within 180 days of starting MSB activities, renew every two years, and re-register after certain ownership or agent changes. You must also keep a copy of the filed form and supporting documentation at a U.S. location for five years, and maintain an agent list that is updated at least annually.
Yes. Renewal is required every two years even if all your information is identical. Changes to your business are handled differently: material changes such as an ownership transfer trigger re-registration, and minor corrections are filed as amendments.
No. FinCEN registration is a federal filing, while a money transmitter license is a state-level authorization to operate, usually managed through NMLS. Most money transmitters need both, and the renewal schedules are different.
No. A business that is an MSB solely because it acts as an agent of another MSB does not need to register. However, if it also conducts MSB activities on its own behalf, registration is required.
FINTRAC registration covers Canada only. A foreign-located MSB that serves customers in the United States must also register with FinCEN as a foreign-located MSB. The two registrations and their renewal schedules are separate.