Physical presence · Canada
Set up a Canadian office for your MSB
Banks and FINTRAC expect verifiable operational presence — not just a mailing address.
Credible office setup at a fraction of the typical cost.
Why MSBs struggle with physical presence
Virtual address rejection
You registered with a virtual office. Banks reject your application because they can't verify real operations. FINTRAC examiners flag the lack of genuine presence.
High overhead
Commercial office leases cost $30,000–60,000+ annually. Add staff, utilities, and insurance — massive fixed costs before earning a dollar of revenue.
Banking depends on it
Even with FINTRAC registration and a compliance program, banks independently verify physical presence. Without a legitimate office, your account application gets declined.
What you get
- Commercial office space sourced and secured
- On-site Canadian staff during business hours
- Lease agreement and utility documentation in your company name
- Full documentation package for banking and FINTRAC
- Setup managed end-to-end — no personal coordination required
- Fraction of the cost of doing it independently
How it works
Requirements — we assess your MSB's operational needs, location preferences, and banking requirements.
Setup — office space, staffing, utilities, and documentation — all coordinated on your behalf.
Verified presence — your MSB has credible Canadian operations for banking and FINTRAC compliance.
FAQ
While FINTRAC's registration accepts a business address, banks independently verify operational presence before approving MSB accounts. A virtual address with no real activity typically leads to banking rejection and can raise concerns during FINTRAC examinations.
A commercial office space with a real lease, utility connections in your company name, and on-site staff during business hours. The specifics depend on your MSB's operations and the expectations of the bank you're targeting.
FINTRAC expects MSBs to have on-site staff during business hours, and banks verify this independently. We help arrange qualified on-site personnel as part of the office setup.
We provide office setup at a fraction of what independent setup costs — by leveraging existing spaces, shared resources, and our experience with what banks and FINTRAC actually require. No unnecessary overhead.
Timeline depends on location requirements and availability, but we typically complete the full setup within 2–4 weeks, including all documentation for banking and compliance purposes.
Get In Touch
Need a Canadian office for your MSB?
Free 30-minute consultation. No obligations.
Toronto, Ontario, M5B 1Y4, Canada