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Welcome to MTRA

MTRA is a national non-profit organization dedicated to the efficient and effective regulation of money transmission industry in the United States of America. The MTRA membership consists of state regulatory authorities in charge of regulating money transmitters and sellers of traveler’s checks, money orders, drafts and other money instruments. Incorporated in Texas in 1989, MTRA is governed by a ten-member board of directors elected to serve two-year terms.

MTRA’s core values are: Cooperation, Service, Integrity, and Excellence. MTRA’s vision is the establishment of a of cooperative state regulatory framework for the benefit of the member states, the industry, and the public.

MTRA: Advances uniform examination standards, reports, forms and ratings that are crucial in providing value for both the membership and the industry; Promotes a more efficient and less burdensome state regulatory system that has universal respect and credibility; Provides quality educational opportunities and certification for participants through a well defined curriculum; Collects and disseminates reliable industry specific data, common analytical standards and best practices; Serves as the authority and resource on money transmission issues on a national scale; and, Partners with state and federal authorities to further efforts in the detection and elimination of illegal activities including terrorist financing.