Washington Finance Licensing
Licenses are typically required for individuals and businesses that provide finance industry services in the United States. This guide contains information about professional finance licensing in Washington.
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- Washington Financial Services Company Licenses
- Washington Individual Financial Services Licenses
Company Licenses
Washington Financial Services Company Licenses
Washington Check Casher Branch License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $20 + $345 application fee + $15 credit report fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Check Casher License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | Yes |
| Registered Agent (Special Agency) Required? | Yes |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 + $690 application fee + $15 credit report fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Check Casher with Small Loan Endorsement Branch License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $20 + $517.50 application fee + $15 credit report fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Check Casher with Small Loan Endorsement License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | Yes |
| Registered Agent (Special Agency) Required? | Yes |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 + $1035 application fee + $15 credit report fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Collection Agency Branch Endorsement
| Agency: | Washington Department of Revenue - Business Licensing Service |
| Bond Requirements: | $5,000 surety bond for each location. |
Initial Registration
| Form: | |
| Agency Fee: | $19 business license fee + $550 endorsement fee. |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $550 |
| Due: | Annually by the date of initial issuance. |
Washington Collection Agency Endorsement
| Agency: | Washington Department of Revenue - Business Licensing Service |
| Bond Requirements: | $5,000 surety bond. |
Initial Registration
| Form: | |
| Agency Fee: | $19 business license fee + $850 endorsement fee. |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $850 |
| Due: | Annually by the date of initial issuance. |
Washington Consumer Loan Branch Office License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $604.46 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Consumer Loan Company License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $1162.21 + $15 credit report fee + $36.26 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Currency Exchanger License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | Yes |
| Registered Agent (Special Agency) Required? | Yes |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 + $1000 application fee + $15 credit report fee + $36.26 background check fee + $0.25 fee per agent per year + $100 fee per additional location |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Exempt Consumer Loan Registration
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 + $20 fee per additional location |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: |
|
Washington Exempt Mortgage Broker Registration
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 NMLS processing fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: |
|
Washington Money Transmitter License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | Yes |
| Registered Agent (Special Agency) Required? | Yes |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $100 + $1000 application fee + $15 credit report fee + $36.26 background check fee + $0.25 fee per agent per year + $100 fee per additional location |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: | While this is a perpetual license, it must be attested to annually by December 31 in NMLS. |
Washington Mortgage Broker Branch Office License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $205 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $530 |
| Due: |
|
Washington Mortgage Broker License
| Agency: | Washington Department of Financial Institutions |
| Foreign Qualification is Prerequisite: | Yes |
| Registered Agent (Special Agency) Required? | Yes |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $1001 + $15 credit report fee + $36.26 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $530 |
| Due: |
|
Washington Out-of-State Collection Agency Branch Endorsement
| Agency: | Washington Department of Revenue - Business Licensing Service |
| Bond Requirements: | $5,000 surety bond for each location. |
Initial Registration
| Form: | |
| Agency Fee: | $19 business license fee + $275 endorsement fee. |
| Notes: | The endorsement fee for an out-of-state license is waived if the state where the collection agency (main or branch office) is located requires a license or registration but does not require a fee for similar out-of-state collection agencies. |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $275 |
| Due: | Annually by the date of initial issuance. |
| Notes: | The endorsement fee for an out-of-state license is waived if the state where the collection agency (main or branch office) is located requires a license or registration but does not require a fee for similar out-of-state collection agencies. |
Washington Out-of-State Collection Agency Endorsement
| Agency: | Washington Department of Revenue - Business Licensing Service |
| Bond Requirements: | $5,000 surety bond. |
Initial Registration
| Form: | |
| Agency Fee: | $19 business license fee + $425 endorsement fee. |
| Notes: | The endorsement fee for an out-of-state license is waived if the state where the collection agency (main or branch office) is located requires a license or registration but does not require a fee for similar out-of-state collection agencies. |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $425 |
| Due: | Annually by the date of initial issuance. |
| Notes: | The endorsement fee for an out-of-state license is waived if the state where the collection agency (main or branch office) is located requires a license or registration but does not require a fee for similar out-of-state collection agencies. |
Individual Licenses
Washington Individual Financial Services Licenses
Washington Designated Broker Registration
| Agency: | Washington Department of Financial Institutions |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $30 + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $0 |
| Due: |
|
Washington Mortgage Loan Originator License
| Agency: | Washington Department of Financial Institutions |
Initial Registration
| Instructions: | |
| Filing Method: | |
| Agency Fee: | $30 + $125 license fee + $15 credit report fee + $36.25 background check fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $45 |
| Due: |
|
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