A funds transfer business is a business in which entities other than banks conduct foreign exchange transactions (※).

To carry out a money transfer business, registration with the Ministry of Finance as a money transfer business operator is required.
*Exchange transactions are the movement of funds (remittances) without the transportion of cash.

Since the transfer of funds from the remitter to the recipient must be carried out reliably, the requirements for registration include the financial foundation necessary to carry out the money transfer business properly and reliably, the establishment of a system to carry out the money transfer business properly and reliably, in compliance with laws and regulations.

'autosend' is a service provided by C-Square Co., Ltd., which has been registered as a money transfer business operator with the Kanto Regional Finance Bureau since 2011.