Money Transfer Regulators Association (MTRA)

    The Money Transfer Regulators Association (MTRA) is one of the main regulatory bodies in charge of overseeing the standards that Money Service Businesses (MSBs) in the United States must follow in order to operate, such as strict licensing, Know Your Customer (KYC), and Anti-Money Laundering (AML) guidelines. The MTRA works on an international, national, and state level to provide a transparent system for money exchange for users in the United States and around the world, though the majority of its attention is focused on the United States.