Florida Statute 560.204 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIII
REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS

Chapter 560
MONEY SERVICES BUSINESSES

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F.S. 560.204

560.204 License required.—

(1) Unless exempted, a person may not engage in, or in any manner advertise that they engage in, the activity of a payment instrument seller or money transmitter, for compensation, without first obtaining a license under this part. For purposes of this subsection, the term “compensation” includes profit or loss on the exchange of currency, monetary value, or virtual currency.

(2) A licensee under this part may also engage in the activities authorized under part III of this chapter without the imposition of any additional licensing fees.

History.—s. 2, ch. 94-238; s. 2, ch. 94-354; s. 6, ch. 2001-119; s. 30, ch. 2008-177; s. 5, ch. 2022-113.

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Amendments to 560.204

Annotations, Discussions, Cases:

Cases Citing Statute 560.204

Total Results: 7

Hucke v. Kubra Data Transfer Ltd.

160 F. Supp. 3d 1320, 2015 U.S. Dist. LEXIS 176218, 2015 WL 10097623

District Court, S.D. Florida | Filed: Nov 9, 2015 | Docket: 64306742

Cited 2 times | Published

Defendant’s alleged violations of Fla. Stat. § 560.204 (the “Money Transmitter Statute”). Plaintiff alleges

Cross v. Point & Pay, LLC

274 F. Supp. 3d 1289

District Court, M.D. Florida | Filed: Mar 31, 2017 | Docket: 64315802

Cited 1 times | Published

premised on Defendant’s alleged violation of section 560.204, Florida Statutes, which provides, in relevant

Pincus v. Speedpay, Inc.

161 F. Supp. 3d 1150, 2015 WL 5820808, 2015 U.S. Dist. LEXIS 136254

District Court, S.D. Florida | Filed: Oct 6, 2015 | Docket: 64306834

Cited 1 times | Published

Statute § 560.204 (count four); money had and received for a violation of Florida Statute § 560.204 (count

Steven J. Pincus v. American Traffic Solutions, Inc.

Court of Appeals for the Eleventh Circuit | Filed: Feb 17, 2022 | Docket: 63032388

Published

required to be licensed under Fla. Stat. § 560.204(1)? (2) If there was a violation of a Florida

Steven J. Pincus, etc. v. American Traffic Solutions, Inc., etc.

Supreme Court of Florida | Filed: Feb 3, 2022 | Docket: 62649855

Published

chapter 316, Florida Statutes (2017); and (3) section 560.204 does not provide a

Steven J. Pincus v. American Traffic Solutions, Inc.

Court of Appeals for the Eleventh Circuit | Filed: Feb 2, 2021 | Docket: 58973234

Published

surcharge under § 318.121; and (3) ATS violated § 560.204(1) because it operated as an unlicensed money

Ago

Florida Attorney General Reports | Filed: May 1, 2000 | Docket: 3256889

Published

General "may be interested" in this matter. 8 Section 560.204(2), Fla. Stat. 9 See, e.g., Florida House of