A licence to operate a money services business (MSB) is valid from April 1 of one year to March 31 of the next.

The license fees and tariffs must be paid for the licence's entire validity period, even if they become payable after the period begins (exceptions apply regarding fees for the issue of a security clearance report). Furthermore, fees and tariffs are non-refundable.

Note that the fees and tariffs were going to be indexed on January 1, 2026. However, for the validity period that runs from April 1, 2025, to March 31, 2026, they will remain the same. To see the fees and tariffs for the current period and for the one that runs from April 1, 2026, to March 31, 2027, refer to the list of fees and tariffs in effect.

Fees and tariffs associated with the issue of a security clearance report

An MSB has to get a security clearance report for each natural and legal person with whom the MSB has a business relationship.

You must pay the fees for any security clearance report we request from the Sûreté du Québec when you file your licence application.

New security clearance reports are required when there is any change likely to affect the validity of an MSB's licence.

Payment methods

You can use payment code shown on the SMZ-22.P-V payment slip to make your payment online through your financial institution. You can also get a payment code by calling us at 1 800 567-4692 (option 5).

You can also pay by cheque or money order. If you pay this way, enclose the SMZ-22.P-V or SM-22.B-V payment slip with your cheque or money order made payable to the Minister of Revenue of Québec and send everything to the address shown on the payment slip.

To see the current fees and tariffs, go to the list of fees and tariffs.