Best Practices and Pricing for Banking Money Services Businesses (MSBs)

Serving Money Services Businesses (MSBs) can be a high-reward opportunity—but only when managed with the right risk controls and pricing strategy. Built by former BSA Officers and compliance experts, this practical guide outlines everything your institution needs to know to safely and profitably support MSBs.

Whether you're already banking MSBs or just exploring the opportunity, this resource will walk you through how to assess risk, define program boundaries, and build scalable, exam-ready controls across onboarding, monitoring, and exit planning.

Why Download This Guide?

• Know Who You’re Banking: Learn how to identify MSBs already in your portfolio—and how to evaluate their risk profiles.

• Price with Confidence: Access industry-aligned pricing best practices for both direct MSBs and MSB agents, including real-world fee benchmarks.

• Avoid Compliance Pitfalls: Get red flags, exit strategies, and staff training insights to protect your institution while supporting a high-risk segment.

Meet the Author:

Kristin Parker, SVP of Compliance & Operations

Kristin is a seasoned expert in BSA/AML and fraud prevention, with extensive experience building and implementing monitoring programs for higher-risk industries. She has contributed to significant updates in the FFIEC manual, provided practical, risk-based AML guidance at industry events, and played a key role in the development of RiskScout’s innovative, actionable BSA solutions. Recognized by her peers as PBC's Compliance Person of the Year, Kristin continues to champion efficient, technology-driven approaches that empower financial institutions to confidently manage regulatory requirements.