United States · Money service business
Moneycorp Us Inc.
Moneycorp US Inc. is a Rhode Island corporation with its head office in Providence. It is registered with FinCEN as a money services business and holds money transmitter licences in 49 US states and the District of Columbia (NMLS ID 917447). In Canada it is registered with FINTRAC and holds a Québec money services business licence. It is an indirect wholly owned subsidiary of Moneycorp Group Limited, which funds managed by Bridgepoint control, and it provides cross-border payments and FX services to businesses and private clients.
Licences and registrations
Held by Moneycorp Us Inc. (LEI PEV4R57V251HNE6CG093). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| MSB Registrant SearchFinCENLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | —Money Transmitter / Remittance | Not published by the register | United States | Active | 2024-11-21 | — |
|
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| Money Services Business RegistryFINTRACLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | MSBMoney Transmitter / Remittance | M20354025 | Canada | Active | 2020-03-06 | Renews 2027-12-04 |
|
Search the register ↗ |
Licences and registrations listed here were granted in Canada. This BIC is registered in the United States.
Trading names on the register: Moneycorp (FINCEN-MSB, FINTRAC-MSB)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- COFXUS66XXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under COFXUS66 directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2017-09-09
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
Firm type
FX and business payments
Trades as Moneycorp
- Standing
- The firm was renamed from Commonwealth Foreign Exchange, Inc. to Moneycorp US Inc. on 12 April 2018, after the Moneycorp group acquired it.
- Ownership
- Moneycorp Group Limited (Jersey) holds 100% of the firm indirectly, and Bridgepoint Europe IV (Nominees) Limited is the ultimate controller of the group holding company, Moneta Topco Limited.
- Ultimate owner
- Moneta Topco Limited, Jersey
- Head office
- 1 Park Row, Suite 403, 02903 Providence, United States (registered office: c/o Corporation Service Company, 222 Jefferson Boulevard, Suite 200, Warwick, RI 02888, United States)
- Company register
- Rhode Island Secretary of State 000115949
- Incorporated
- 27 Dec 2000
- Former name
- Commonwealth Foreign Exchange, Inc.
Online
- Websites & references
- moneycorp.com ↗ did not load when checked
- Official social accounts
- None found
Sources · 9 pages consulted
- business.sos.ri.gov/CorpWeb/CorpSearch/CorpSummary.aspx?FEIN=000115949
- moneycorp.com/en-us/legal/licensing/
- moneycorp.com/en-es/legal/compliance
- assets.ctfassets.net/updvmplmxyeo/3neqe4dpbcqzMbzfpJJ4mm/3891bf187bda023d41d8e147eea3fedd/Moneycorp_AR25_Inter
- portal.ct.gov/DOB/Bank-Information/Bank-Information/New-Banks-in-Connecticut
- dbcf.ms.gov/wp-content/uploads/2024/10/Money-Transmitter-Licensee-list-for-Website-09302024.pdf
- fintechfutures.com/wealthtech/moneycorp-buys-commonwealth-foreign-exchange-for-us-boost
- moneycorp.com/en-gb/news-hub/moneycorp-appoints-new-chief-executive-officer-for-north-america/
- finextra.com/pressarticle/93646/moneycorp-ships-liquidity-management-module-for-digital-asset-exchange
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
US state regulators license the firm as a money transmitter in 49 states and the District of Columbia, and FinCEN registers it as a money services business. In Canada, FINTRAC registers it as a money services business and Revenu Québec licenses it.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Crimes Enforcement Network (FinCEN) United States | Money services business registration (money transmitter, currency exchange, prepaid access) | — | In its own name | Active | moneycorp.com ↗ |
| US state regulators (NMLS) United States | Money transmitter licences in 49 states and the District of Columbia | 917447 | In its own name | Active | moneycorp.com ↗ |
| Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Money services business registration (money remittance, currency exchange) | M20354025 | In its own name | Active | moneycorp.com ↗ |
| Revenu Québec Canada | Money services business licence | — | In its own name | Active | moneycorp.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Products and markets
Researched 29 Sep 2026 · Sources
It provides cross-border payments, spot and forward FX and FX options to North American businesses and private clients. The group says it sends payments in more than 130 currencies to 190 countries.
It serves customers in the United States under its state money transmitter licences and in Canada under its FINTRAC registration and Québec licence.
- Revenue
- GBP 235m
- Payment volume
- GBP 92bnTrading volume (flow): gross notional value of client currency transactions, measured as single-leg volume
- Sells to
- Small businesses · Enterprises · Consumers
- Serves customers in 2 countries
- United States · Canada
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Tejus Oza President and Director
- Executive
- Michael Schaden Treasurer and Director
- Executive
- Christopher Baum Secretary and Director
- Executive
- David Shedd Director
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The Moneycorp group appointed Stuart C. Harvey Jr. as Chairman of the Board of its holding company.
assets.ctfassets.net ↗ -
Other
The Moneycorp group opened an office in Stamford, Connecticut, to prepare its planned US bank.
assets.ctfassets.net ↗ -
Leadership
David Shedd, a director of the firm, left the group board to focus on governance of the planned US bank.
assets.ctfassets.net ↗ -
Licence
The Connecticut Department of Banking issued a temporary certificate of authority to the organisers of Moneycorp Bank US Inc., a planned sister innovation bank.
portal.ct.gov ↗ -
Other
The Moneycorp group incorporated Moneycorp NA Inc. in Connecticut to set up a US bank, subject to regulatory permissions.
assets.ctfassets.net ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- COFXUS66XXX
- How the BIC breaks down
- COFXBank
- USCountry · United States
- 66Location
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- PEV4R57V251HNE6CG093
- LEI record
- View on GLEIF ↗
- Licence no. · FINTRAC-MSB
- M20354025
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry IDs
- c6754274b104 · 0ed373595331
Profile
- Type
- Money service businessRemittance, currency exchange, cheque cashing and money orders. Usually registered with an anti-money-laundering supervisor rather than licensed prudentially. Taken from the licences on the tracked registers.
- Regulation
- AML registration onlyRegistered with an anti-money-laundering supervisor (FinCEN, FINTRAC, HMRC, AUSTRAC, Hong Kong Customs…) without a prudential licence.
- Register licences
- 2 entries on 2 registers
- Activities
- Money remittance
- Currency exchange
- Prepaid access
- Licensed in
- United States · Canada
- Website (register)
- www.moneycorp.com ↗
- Country · region
- United States · North America
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 1 PARK ROW SUITE 403 PROVIDENCE,RI 02903 UNITED STATES OF AMERICA
- Operational address
- 1 PARK ROW SUITE 403 PROVIDENCE,RI PROVIDENCE,RI 02903 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>COFXUS66XXX</BICFI>
<LEI>PEV4R57V251HNE6CG093</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>COFXUS66XXX</BICFI>
<LEI>PEV4R57V251HNE6CG093</LEI>
<Nm>MONEYCORP US INC.</Nm>
<PstlAdr>
<TwnNm>PROVIDENCE</TwnNm>
<Ctry>US</Ctry>
<AdrLine>1 PARK ROW SUITE 403 PROVIDENCE, RI 02903</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- MSB Registrant Search—Financial Crimes Enforcement Network (FinCEN) · register ↗ as at 24 September 2026
- Money Services Business Registry—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · register ↗ as at 25 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: moneycorp.com (official website) · original.
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