US Internal Revenue Service: ffc107
US Internal Revenue Service: ffc107
US Internal Revenue Service: ffc107
Send your completed form to: IRS Detroit Computing Center, Attn: Money Services Business Registration, P. O. Box 33116, Detroit, MI 48232-0116
a Re-registered under state law b More than 10 percent transfer of equity interest c More than 50 percent increase in agents
4 Doing business as
5 Address 6 City
7 State 8 ZIP Code 9 EIN (entity), SSN/ITIN (individual) 10 Telephone number (include area code)
( )
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
Part III Owner or Controlling Person
11 Individual’s last name, or organization’s name 12 First name 13 Middle initial
14 Address
___
___
___
___
___
___
___
___
___
19 Telephone number - (include area code) 20 Date of birth 21 SSN/ITIN (individual), EIN (entity)
( ) ____/__ /______
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
MM DD YYYY
22 Skip this item if you completed item 21.
If the owner or controlling person is an individual enter their form of identification, the ID number, and the issuing state or country.
a Driver’s license/state ID b Passport c Alien registration d Other _________________________
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
a All States & Territories District of Columbia (DC) Maine (ME) New Mexico (NM) South Dakota (SD)
b All States Florida (FL) Maryland (MD) New York (NY) Tennessee (TN)
Georgia (GA) Massachusetts (MA) North Carolina (NC) Texas (TX)
Alabama (AL) Guam (GU) Michigan (MI) North Dakota (ND) Utah (UT)
Alaska (AK) Hawaii (HI) Minnesota (MN) N. Mariana Isls. (MP) Vermont (VT)
American Somoa (AS) Idaho (ID) Mississippi (MS) Ohio (OH) Virgin Islands (VI)
Arizona (AZ) Illinois (IL) Missouri (MO) Oklahoma (OK) Virginia (VA)
Arkansas (AR) Indiana (IN) Montana (MT) Oregon (OR) Washington (WA)
California (CA) Iowa (IA) Nebraska (NE) Pennsylvania (PA) West Virginia (WV
Colorado (CO) Kansas (KS) Nevada (NV) Puerto Rico (PR) Wisconsin (WI)
Connecticut (CT) Kentucky (KY) New Hampshire (NH) Rhode Island (RI) Wyoming (WY)
Delaware (DE) Louisiana (LA) New Jersey (NJ) South Carolina (SC)
___
___
___
___
___
See instructions for an explanation of the term “branch”.
25 Money services business activities of the registrant. Check as many as apply. See instructions for an explanation of the terms ” issuer”,
“seller”, “redeemer”, “check casher”, and “money transmitter”.
a Issuer of traveler’s checks d Issuer of money orders g Currency dealer or exchanger
26 Is any part of the registrant’s money services business an informal value transfer system?
a Yes b No
See the explanation of “money transmitter” in the instructions.
27 Is any part of the registrant’s money services business conducted as a mobile operation?
a Yes b No
28 Enter the number of agents authorized to conduct each money services business activity. Do not include branches, or persons who are solely
employees. See instructions for an explanation of the term “agent”.
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
b Traveler’s check redemption f Check cashing
___
___
___
___
___
___
___
___
___
___
___
___
___
___
31 Address 32 City
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
___
36 Address
___
___
___
___
___
___
___
___
___
General Instructions Specific Instructions If two or more persons own equal numbers of shares
of a corporation, those persons may enter into an
1. This form is available on the Financial Crimes Part I Filing Information agreement as explained above that one of those
Enforcement Network’s web site for MSBs at See “When to Register” in the General Information persons may register the business.
www.msb.gov, or FinCEN’s web site at part of these instructions. If the owner or controlling person is a corporation, a
www.fincen.gov, or by calling the IRS Forms duly authorized officer of the owner-corporation may
Distribution Center at (800) 829-3676. Part II Registrant Information execute the form on behalf of the owner-corporation.
2. Unless there is a specific instruction to the Item 3--Legal name of the money services
contrary, leave blank any items that do not apply business. Enter the full legal name of the registrant Item 11--Individual’s last name, or organization’s
or for which information is not available. money services business as it is shown on the charter name. If the registrant is a publicly held corporation,
3. Complete the form by providing as much or other document creating the entity. For example, it is sufficient to write “public corporation” in item
information as possible. enter Good Hope Enterprises, Inc. when the money 11. Where registrant is a public corporation, a duly
4. Do not include supporting documents with this services business is Good Hope Enterprises, Inc., d.b.a authorized officer of the registrant must execute the
form. Joe’s Check Cashing. If a sole proprietorship, enter form in Part VII.
5. Type or complete the form using block written the business name of the proprietorship. Items 12 to 21--Enter the applicable information for
letters. Item 4-- Doing business as. If applicable, enter the the owner or controlling person. Their home address
6. Enter all dates in MM / DD / YYYY format where separate doing business as name of the registrant. For and phone number should not be used, unless a
MM=month, DD=day, and YYYY=year. Precede example, enter d.b.a. Joe’s Check Cashing when the business address and phone number are unavailable.
any single number with a zero, i.e., 01,02, etc. money services business is Good Hope Enterprises, Inc., Item 22--Identification information. If you
7. List all U.S. telephone numbers with area code d.b.a. Joe’s Check Cashing. completed item 21, you may omit this item. If you
first and then the seven-digit phone number, using Items 5, 6, 7 and 8-- Address. Enter the permanent did not complete item 21, enter separately the form
the format (XXX) XXX-XXXX. address of the registrant. of identification, the ID number, and the issuing state
8. Always enter an individual’s name as last name, Item 9--EIN (entity), SSN/ITIN (individual). If the or country. Do not provide “other” identification
first name, and middle initial (if known). If a legal registrant is an entity enter its employer identification unless no driver’s license/state ID, passport or alien
entity is listed, enter its name in the last name field. number (EIN). If the registrant is an individual and a registration number is available. “Other” identification
9. Enter identifying numbers starting from left to U. S. Citizen or an alien with a social security number, includes any unexpired official identification that is
right. Do not include spaces, dashes, or other enter his/her SSN. If the registrant is an individual issued by a governmental authority. If you check item
punctuation. Identifying numbers include social who is an alien and has an individual taxpayer 22 d, give a brief description of the “other”
security number (SSN), employer identification identification number, enter his/her ITIN. If a number identification.
number (EIN), individual taxpayer identification has been applied for, but not yet received, leave item
number (ITIN), alien registration number, driver’s 9 blank. When the number is received file a Part IV Money Services and Product
license/state identification, foreign national corrected form. Information
identification, and passport number. Item 23--States and/or territories where the
10. Enter all Post Office ZIP Codes from left to Part III Owner or Controlling Person registrant, its agents or branches are located.
right with at least the first five numbers, or with all General: Any person who owns or controls a money Check the box(es) for any state, territory or district
nine (ZIP + 4) if known. services business is responsibile for registering the in which the money services business offers
11. Addresses: Enter the permanent street address, MSB. Only one registration form is required for any services through its branches and/or agents. If a
city, two-letter state or territory abbreviation used business in any registration period. service is offered on tribal lands, mark the box
by the U.S. Postal Service and ZIP Code (ZIP+4 if If more than one person owns or controls the for the state, territory or district in which the tribal
known) of the individual or entity. A post office business, they may enter into an agreement lands are located. If you checked either “All States”
box number should not be used for an individual, designating one of them to register the business. The or “All States & Territories”, do not check any other
unless no other address is available. For an designated owner or controlling person must states or territories.
individual, also enter any apartment number, suite complete Part III and provide the requested Item 24--Enter the number of branches of the
number, or road or route number. If a P.O. Box is information. In addition, that person must sign and registrant. Enter the number of branches of the
used for an entity, enter the street name, suite date the form as indicated in Part VII. Failure by the money services business at which one or more MSB
number, and road or route number. If the address designated person to register the business does not activities are offered. If there are no branches, enter
of the individual or entity is in a foreign country, relieve any other person who owns or controls the zero. See the General Information for an explanation
enter the city, province or state, postal code and business of the liability for failure to register the of the term “branch”.
the name of the country. Complete any part of the business. Item 25--MSB activities of the registrant. Items
address that is known, even if the entire address is 25a through 25i are MSB activities. Check the box
not known. If the address is in the United States An “Owner or Controlling Person” includes the of each MSB activity conducted by the registrant at
leave country code blank. following: its branches. See the General Information for an
Registrant Business Owner or explanation of the terms “issuer”, “seller”,
Controlling Person “redeemer”, “check casher”, and “money
transmitter”.
Sole Proprietorship................. the individual who Item 26--Informal value transfer system. If any part
owns the business of the registrant’s money services business is an
Partnership.............................. a general partner informal value transfer system, check yes. An informal
Trust........................................ a trustee value transfer system is a kind of money transmitter.
Corporation............................. the largest single See the General Information explanation of the term
shareholder “money transmitter”.
FinCEN Form 107 Registration of Money Services Business Instructions 3
Item 27--Mobile operation. If any part of the If the registrant has agents it must prepare and Paperwork Reduction Act Notice. The purposes
registrant’s money services business is conducted as maintain a list of its agents. That agent list must be of this form are to provide an effective and
a mobile operation, check yes. A mobile operation updated annually and retained by the business at consistent means for money services businesses to
is one based in a vehicle. For example, a check the location in the United States reported on this register with the Financial Crimes Enforcement
cashing service offered from a truck is a mobile registration form in Part II or Part VI. The agent list Network, and to assure maintenance of reports or
operation. For purposes of Item 24, each mobile should not be filed with this registration form. records where such reports or records have a high
operation should be counted as a separate branch. The agent list must include: degree of usefulness in criminal, tax, or regulatory
Item 28--Number of agents. Enter the number of 1. Each agent’s name, investigations or proceedings. This report is
agents that the registrant has authorized to sell or 2. Each agent’s address, required by law, pursuant to authority contained in
distribute its MSB services. Do not count branches 3. Each agent’s telephone number, Public Law 103-305; 31 USC 5330; 5 USC 301;
or any person who is solely an employee of the 4. The type of service(s) provided by each agent on behalf 31 CFR 103. The information collected may be
MSB. A bank is not an agent for this purpose. See of the registrant, provided to those officers and employees of any
the General Information for an explanation of the 5. A listing of the months in the immediately preceding constituent unit of the Department of the Treasury
term “agent”. 12 months in which the gross transaction amount of who have a need for the records in the perfor-
each agent with respect to financial products/services mance of their duties. The records may be referred
Part V Primary Transaction Account issued by the registrant exceeds $100,000, to any other department or agency of the United
for MSB Activities 6. The name and address of any depository institution States, to any State, or Tribal Government. Public
Item 29--Check the box if the registrant has more at which each agent maintains a transaction account for reporting and recordkeeping burden for this
than one primary transaction account for money the money services business activities conducted by information collection is estimated to average 45
services business activities. Example: If the registrant the agent on behalf of the registrant, minutes per response, and includes time to gather
is both an issuer of money orders and an issuer of 7. The year in which each agent first became an agent and maintain data for the required report, review
traveler’s checks and the registrant has separate of the registrant, and the instructions, and complete the information
clearing accounts for money orders and traveler’s 8. The number of branches or subagents of each agent. collection. Send comments regarding this burden
checks, the box should be checked. estimate, including suggestions for reducing the
Item 30--Name of the financial institution where Items 36, 37, 38 and 39--If the supporting burden, to the Office of Management and Budget
the primary transaction account is held. Enter documentation is retained at a location other than Paperwork Reduction Project, Washington, DC
the name of the bank or other financial institution the address listed in Part II, enter the location 20503 and to the Paperwork Reduction Act;
where the registrant has its primary transaction information in items 35 through 38. Department of the Treasury, Financial Crimes
account. If you indicated that the registrant has Enforcement Network, P.O. Box 39, Vienna, VA
more than one primary transaction account in Item Part VII Authorized Signature 22183-0039. The agency may not conduct or
29, enter information about the account with the Items 40, 41, 42 and 43--The owner or controlling sponsor, and an organization (or a person) is not
greatest money service activity transaction volume person listed in Part III must sign and date the form required to respond to, a collection of information
as measured by value in dollars. See the General as indicated in Part VII. If the owner or controlling unless it displays a currently valid OMB control
Information for an explanation of the term person is a corporation, a duly authorized officer of number.
“transaction account”. the corporation must execute the form on behalf of
Items 31, 32, 33 and 34--Enter the permanent the corporation.
address for the financial institution.
Penalties for failure to comply: Any person who Privary Act Notice. Pursuant to the requirements
Item 35--Primary transaction account number.
fails to comply with the requirements to register, of Public Law 93-579 (Privacy Act of 1974), notice
Enter the primary transaction account number.
keep records, and/or maintain agent lists pursuant is hereby given that, in accordance with 5 U.S.C.
552a(e), the authority to collect information on
Part VI Location of Supporting to 31 CFR 103.41 may be liable for civil penalties
FinCEN Form 107 is Public Law 103-305; 31 USC
Documentation of up to $5,000 for each violation. Failure to comply
also may subject a person to criminal penalties, 5330; 5 USC 301; 31 CFR 103.
General: The registrant must retain for five (5) years
which may include imprisonment for up to five (5) The Department of the Treasury may use and share
certain information at a location within the United
years and criminal fines. See 18 USC 1960. the information with any other department or
States. That information includes:
agency of the United States, to any State, or Tribal
1. A copy of the registration form.
Note: Registration with the IRS Detroit Computing Government, or part thereof, upon the request of
2. Annual estimate of the volume of the registrant’s
Center does not satisfy any state or local licensing or the head of such department or agency, or
business in the coming year.
registration requirement. authorized State or Tribal Government official for
3. The following information regarding ownership
use in a criminal, tax, or regulatory investigation or
or control of the business: the name and address
proceeding, and to foreign governments in
of any shareholder holding more than 5% of the
accordance with an agreement, or a treaty.
registrant’s stock, any general partner, any trustee,
Disclosure of this information is mandatory. Civil
and/or any director or officer of the business.
and criminal penalties, including in certain
4. An agent list.
circumstances a fine of not more than $5,000 per
day and imprisonment of not more than five years,
are provided for failure to file the form, supply
information requested by the form, and for filing a
false or fraudulent form. Disclosure of the social
security number or taxpayer identification number
is mandatory. The authority to collect is 31 CFR
103. The social security number/taxpayer
identification number will be used as a means to
identify the individual or entity who files the
report.