Exam Preparation

Money Transmitter Exam Preparation

Money transmitter examinations focus on licensing compliance, BSA/AML program effectiveness, and consumer protection. Canarie helps licensed money transmitters maintain evidence of compliance across multiple state jurisdictions.

Explore Solutions

Examining Agencies

State regulators
FinCEN
CFPB

Examination Frequency

Annual or biennial depending on state

The Exam Preparation Challenge

Most institutions spend weeks preparing for examinations, scrambling to collect evidence, chasing attestations, and piecing together documentation. With Canarie, evidence is captured automatically as compliance work is completed, transforming exam prep from weeks to days.

Preparation Steps

1
Review licensing compliance across states
2
Compile BSA/AML program evidence
3
Document consumer complaint handling
4
Gather transaction monitoring evidence
5
Prepare permissible investment documentation
6
Document agent oversight activities
7
Compile surety bond compliance

Evidence Examiners Expect

Canarie automatically captures this evidence as your team completes compliance work. No last-minute scrambling.

Multi-state licensing documentation
BSA/AML program records
Transaction monitoring reports
Consumer complaint logs
Permissible investment records
Agent due diligence and monitoring
Surety bond documentation

How Canarie Transforms Exam Preparation

Continuous Evidence Capture

Evidence is captured automatically as compliance work is completed. No manual collection needed.

Examiner-Ready Packages

Export organized evidence packages in formats examiners expect, organized by requirement.

Weeks to Days

Reduce exam prep time by 70-80% by eliminating manual evidence collection and organization.

Frequently Asked Questions

Transform Your Money Transmitter Exam Preparation

See how leading institutions prepare for examinations in days, not weeks.