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Action required Georgia Department of Banking and Finance GA Jul 13, 2026

Georgia Money Transmitter Penalty Rule 80-3-4-.01 Effective

Georgia rule 80-3-4-. 01 became effective July 6, 2026 and sets administrative fines tied to money transmitter violations.

Georgia rule 80-3-4-.01 became effective July 6, 2026 and sets administrative fines tied to money transmitter violations. The rule includes a $1,000 per day fine for acting as a money transmitter without the required current license, plus penalties tied to NMLS updates, bond increases, prohibited acts, and net worth requirements.

What changed

Georgia put a new or updated money transmitter penalty rule into effect, including daily fines for unlicensed activity and penalties for several licensing and financial requirement failures.

Compliance perspective

Money transmitters in Georgia should review license status, NMLS update timeliness, surety bond sufficiency, and net worth tracking right away. The daily fine structure raises the cost of delayed filings and unlicensed operations.

Key date

Effective date: July 6, 2026.

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Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action CSBS Aug 8, 2026

    Money Transmission Modernization Act (MTMA) Updates

    The CSBS Money Transmission Modernization Act creates standards for capital, surety bond, and investment requirements for money transmitters.

  • Action Georgia Department of Banking and Finance GA Jul 13, 2026

    Georgia Money Transmitter Penalty Rule 80-3-4-.01 Effective

    Georgia rule 80-3-4-. 01 became effective July 6, 2026 and sets administrative fines tied to money transmitter violations.

  • Action Virginia state legislature and state financial regulator VA Jul 5, 2026

    Virginia full MTMA implementation becomes effective

    Virginia's full implementation of the Money Transmission Modernization Act became effective on July 1, 2026. The change places Virginia among the states adopting more standardized money transmission rules on capital, surety bond, and permissible investments.