Grab Arizona (AZ) Money Transmitter (License) License Practice Course

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Proxsoft LLC Web URL https//www.proxsoft.us Emai
l ID sales_at_ proxsoft.us Ph. No. 1 (302)
591-7836 Address 8 The Green, Suite A Dover,
Delaware 19901, USA Grab Arizona (AZ) Money
Transmitter (License) License Practice
Course About the Service The guided study system
features hands-on skills and drills developed by
leading IT experts. Customizable tests allow you
to focus on your weakest areas. Electronic
flashcards help reinforce key concepts. Whether
you are studying at home or traveling, Exam
Mastery gets you ready for exam-day success! The
program will calculate their score/percentile on
the same questions that will appear on the actual
certification exam when taken at the testing
center. With that information, you'll be able to
prepare yourself for what's ahead in your exam.
Prepare for your certification exam with a
targeted, self-paced learning program. Exam
Learning Program is an easy-to-use online program
designed to help you prepare for your exam and
then increase your chances of passing
it. Accessing URL of Practice
Exam https//proxsoft.us/product/study-arizona-az
-money-transmitter-license-license-practice-course
- proxsoft/ License Description Major
Requirements for License 1) Copies of the
articles of incorporation for the applicant, a
listing of all trade names or fictitious names
used by the applicant and other information
concerning the corporate status of the applicant
2) Address of the applicant's principal place of
business, the address of each location where the
applicant intends to transact business in this
state, including any branch offices, and the name
and address of each location of any authorized
delegates 3) For each executive officer and
director of the applicant and for each executive
officer and director of any controlling person, a
statement of personal history in the form
prescribed by the superintendent. 4) An
identification statement for each branch manager
and responsible individual, including employment
history and residence addresses for the preceding
15 years 5) Identity of any account in any
financial institution through which the applicant
intends to conduct any business regulated under
this chapter 6) A financial statement audited by
a licensed independent certified public
accountant. 7) Maintain at all times a net worth
of at least 100,000, calculated according to
generally accepted accounting principles and an
additional net worth of 50,000 for each location
or authorized delegate located in this state, as
applicable, to a maximum of five hundred thousand
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Proxsoft LLC Web URL https//www.proxsoft.us Emai
l ID sales_at_ proxsoft.us Ph. No. 1 (302)
591-7836 Address 8 The Green, Suite A Dover,
Delaware 19901, USA dollars. 8) If licensee
conducts a total of more than 500,000 in
transactions that involve transmitting money in
an amount of 1,000 or more during the preceding
year shall maintain net worth in addition to the
amounts required in No. 7. The additional net
worth shall be not less than 10 percent of the
total of such transactions conducted in this
state, calculated according to generally accepted
accounting principles to a maximum of 500,000 9)
Application Fee - see ""License Fee"" License Fee
- Initial - 1,500, plus 25 for each branch
office up to a maximum of 4,000 Renewal
(Annual) - 500, plus 25 for each branch office
up to a maximum of 2,000 Continuing Education
None Continuing Education None Licensing
Agency Financial Institutions, Department of 2910
N 44th Street, Suite 310 Phoenix, AZ 85018 (602)
771 2800 licensing_at_azdfi.gov http//www.azdfi.gov/