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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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Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

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  • 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 CSBS May 7, 2026

    CSBS MTMA guidance on stablecoins and lease accounting

    On April 23, 2026, CSBS issued Money Transmission Modernization Act implementation guidance covering stablecoins and right-of-use leases. The guidance is meant to support consistent state treatment of tangible net worth, permissible investments, and surety bond calculations.