MSO (Money Service Operator)HKNIM-10840

MSO license with a BANK account with BOC in HK for sale

A Hong Kong MSO-licensed business established in 2018, with two branches in Cheung Sha Wan and a declared Bank of China (BOC) account, including an opened client funds account.

Price on request

Key facts

Listing type: Licensed company
Category: MSO (Money Service Operator)
Country: Hong Kong (HK)
Region: Asia
Reference: NIM-10840
Published: 19 November 2024

Details

Key details

Established: 2018
Branches: 2, both in Cheung Sha Wan, in similar locations
Licence renewal: every 2 years
Licence expiry: August 2025
Licensed activities: money exchange and remittance
Bank account: declared BOC account held by the limited company; a client funds account has been opened with Bank of China
Rent: HKD 51,800 for the two stores

Current business

More than 90% of current transactions are currency exchange; remittance is only a small amount
Besides RMB, the business handles currencies of Southeast Asia and Taiwan

Staff and handover

The proprietor works part-time, and each of the two stores has one employee
The employees can negotiate to stay
The handover covers the business transfer, the signboard, the limited company with its declared BOC account, store brand replacement, customer information and purchase channels; the arrangements are open for discussion

Offer details and price

Price on request

The price and the full details of this offer are available on request. Send us a request and our team will get back to you.

Reference: NIM-10840