BAM Trading Services Inc. is licensed in the following US jurisdictions:
State |
License |
State Agency |
|---|---|---|
✅ Alabama |
Sale of Checks License, SC 814 |
Alabama Securities Commission401 Adams Avenue, Suite 280Montgomery, AL 36104 |
✅ Alaska |
Money Transmitter License, AKMT-012960 |
Department of Commerce, Community and Economic DevelopmentDivision of Banking & Securities550 West 7th, Suite 1850Anchorage, Alaska 99501 |
✅ Arizona |
Money Transmitter, 1009212 |
Arizona Department of Financial Institutions2910 N. 44th Street, Suite 310Phoenix, AZ 85018 |
✅ Arkansas |
Money Transmission License, 119231 |
Arkansas Securities DepartmentHeritage West Building, Suite 300201 East Markham StreetLittle Rock, AR 72201-1692 |
✅ Connecticut |
Connecticut Money Transmission License, MT-1906829 |
Connecticut Department of Banking260 Constitution PlazaHartford, CT 06103-1800 |
✅ Delaware |
Sale of Checks and Transmission of Money, 030095 |
Office of the State Bank Commissioner555 E. Loockerman Street, Suite 210Dover, DE 19901 |
✅ Florida |
FT230000290 |
Florida Office of Financial Regulation400 N Congress Ave #310West Palm Beach, FL 33401 |
✅ Georgia |
Seller of Payment Instruments License, 72019 |
Georgia Department of Banking and FinanceMoney Services Businesses2990 Brandywine Road, Suite 200Atlanta, GA 30341-5565 |
✅ Iowa |
Money Services License, 2020-0087 |
State of Iowa Division of Banking200 E. Grand Avenue, Suite 300Des Moines, IA 50309 |
✅ Illinois |
Transmitter of Money, MT.0000392 |
Illinois Department of Financial and Professional Regulation320 West Washington StreetSpringfield, IL 62786 |
✅ Kansas |
Kansas Money Transmitter License, MT.0000182 |
Kansas Office of the State Bank Commissioner700 SW Jackson Street, Suite 300Topeka, KS 66603 |
✅ Kentucky |
Kentucky Money Transmitter License, SC723443 |
Kentucky Department of Financial Institutions1025 Capital Center Drive, Suite 200Frankfort, KY 40601 |
✅ Maryland |
Money Transmission License, 12-1906829 |
Maryland Commissioner of Financial Regulation500 North Calvert Street, Suite 402Baltimore, Maryland 21202 |
✅ Maine |
Money Transmitter License, NMT2053153 |
Department of Professional & Financial RegulationBureau of Consumer Credit Protection76 Northern AvenueGardiner, ME 04345 |
✅ Michigan |
Money Transmitter License, MT0022936 |
Michigan Department of Insurance and Financial InstitutionsPO Box 30220Lansing MI 48909-7720 |
✅ Minnesota |
Money Transmitter License, MT-1906829 |
Minnesota Department of Commerce and Financial InstitutionsDivision 85
7th Place East Suite 500
St. Paul, MN 55101 |
✅ Missouri |
Sales of Checks and Money Transmitter, MO-21-8764 |
Missouri Division of FinanceTruman State Office Building Room 630Jefferson City, MO 65101 |
✅ Mississippi |
Money Transmitter License, MT1906829
|
Mississippi Department of Banking and Consumer FinancePost Office Box 12129Jackson, MS 39236 |
✅ Nebraska |
Nebraska Money Transmitter License, 1906829 |
Nebraska Department of Banking & Finance1526 K Street, Suite 300 Lincoln, NE 68508-2732 |
✅ New Hampshire |
Money Transmitter, 23528-MT |
New Hampshire Banking Department53 Regional Drive, Suite 200Concord, NH 03301 |
✅ New Jersey |
Money Transmitter, L072139 |
New Jersey Department of Banking and Insurance20 West State Street, PO Box 325Trenton, NJ 08625 |
✅ New Mexico |
Money Transmitter License |
New Mexico Financial Institutions Department Mortgage Unit2550 Cerrillos Road, 3rd FloorPO Box 25101 (87504)Sante Fe, NM 87505 |
✅ North Carolina |
Money Transmitter License, 190690 |
North Carolina Commissioner of Banks316 W. Edenton StreetRaleigh, NC 27603 |
✅ North Dakota |
North Dakota Money Transmitter License, MT103722
|
North Dakota Department of Financial Institutions2000 Schafer Street, Suite GBismark, ND 58501 |
✅ Ohio |
Money Transmitter License, OHMT199
|
Ohio Division of Financial Institutions77 South Hight Street, 21st FloorColumbus, OH 43215 |
✅ Oklahoma |
Money Transmitter, OK-DOB-001 |
Oklahoma State Banking Department2900 North Lincoln BoulevardOklahoma City, Oklahoma 73105 |
✅ Oregon |
Money Transmission License, 1906829
|
Oregon Department of Consumer and Business ServicesDivision of Finance and Corporate SecuritiesPO Box 14480, 350 Winter St., NE, Suite 410Salem, Oregon 97309-0405 |
✅ Pennsylvania |
Pennsylvania Money Transmitter License, 80252
|
Pennsylvania Department of Banking and Securities17 North Second Street, Suite 1300Harrisburg, Pennsylvania 17101 |
✅ South Carolina |
Money Transmitter License, 1906829 |
Office of the Attorney GeneralMoney Services Division10000 Assembly StreetColumbia, SC 29201 |
✅ South Dakota |
Money Transmitter, MT.2199 |
South Dakota Dept of Labor & Regulation1601 N. Harrison Ave, Suite 1Pierre, South Dakota 57501 |
✅ Tennessee |
Money Transmitter License, 1906829
|
Tennessee Department of Financial Institutions
312 Rosa L Parks Ave, 26th Floor Nashville, TN 37243 |
✅ Virginia |
Money Transmitter License, MO-403 |
Bureau of Financial InstitutionsState Corporation Commission1300 East Main Street, Suite 800P.O. Box 640Richmond, Virginia 23218-0640 |
✅ Washington |
Money Transmitter License, 550-MT-125281 |
State of Washington - Department of Financial InstitutionsDivision of Consumer Services150 Israel Road, S.W.Tumwater, WA 98501 |
✅ Washington DC |
District of Columbia Money Transmission License, MTR1906829
|
Department of Financial Insurance, Securities, and Banking810 First Street, NC, Suite 701Washington, District of Columbia 20002 |
Alaska: Please note that this license does not cover the transmission of virtual currency. If your issue is unresolved by BAM Trading Services Inc. & 1-855-718-4733, please submit formal complaints with the State of Alaska, Division of Banking & Securities.
Formal complaints must be in writing, please download the form here: https://www.commerce.alaska.gov/web/portals/3/pub/DBSGeneralComplaintFormupdated.pdf
Formal complaint forms may be submitted via:
1. Fax: 907-465-1230
2. Email: msb_licensing@alaska.gov
3. Mail: Division of Banking & Securities PO Box 110807 Juneau, AK 99811-0807
If you have questions regarding formal complaints, please call 907-465-2521
NOTICE: By the Florida Office of Financial Regulation
Florida: BY GRANTING BAM TRADING SERVICES INC. A LICENSE, THE FLORIDA OFFICE OF FINANCIAL REGULATION IS NOT ENDORSING THE USE OF DIGITAL OR VIRTUAL CURRENCIES.
– U.S. currency is legal tender backed by the U.S. government.
– Digital and virtual currencies are not issued or backed by the U.S. government, or related in any way to U.S. currency, and have fewer regulatory protections.
– The value of digital and virtual currencies is derived from supply and demand in the global marketplace which can rise or fall independently of any fiat (government) currency.
– Holding digital and virtual currencies carries exchange rate and other types of risk.
POTENTIAL USERS OF DIGITAL OR VIRTUAL CURRENCIES, INCLUDING BUT NOT LIMITED TO BITCOIN, SHOULD BE FOREWARNED OF A POSSIBLE FINANCIAL LOSS AT THE TIME THAT SUCH CURRENCIES ARE EXCHANGED FOR FIAT CURRENCY DUE TO AN UNFAVORABLE EXCHANGE RATE. A FAVORABLE EXCHANGE RATE AT THE TIME OF EXCHANGE CAN RESULT IN A TAX LIABILITY. PLEASE CONSULT YOUR TAX ADVISOR REGARDING ANY TAX CONSEQUENCES ASSOCIATED WITH YOUR HOLDING OR USE OF DIGITAL OR VIRTUAL CURRENCIES.
Illinois: Illinois residents may contact the Illinois Department of Financial Institutions, Consumer Credit Section with any unresolved questions or complaints about BAM Trading Services, Inc. at (888) 473-4858 (toll-free).
Maryland: The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding BAM Trading Services, Inc. (License No. 12-1906829 and NMLS ID: 1906829) by contacting the Commissioner's office at: 500 North Calvert Street, Suite 402, Baltimore, Maryland 21202, or (888) 784-0136.
Tennessee: Please note that this license and the required surety bond do not cover the transmission of virtual currency. BAM Trading Services Inc. is licensed by the Tennessee Department of Financial Institutions as a money transmitter. The Tennessee Department of Financial Institutions does not regulate virtual currency.
Virginia: BAM Trading Services Inc. is licensed by the Virginia State Corporation Commission as a money transmitter, but such license does not cover the transmission of virtual currency (Bitcoin).
Washington: If you have a complaint, first contact the consumer assistance division of https://support.binance.us/hc/en-us/requests/new, and if you still have an unresolved complaint regarding the company’s money transmission activity, please contact the Washington State Department of Financial Institutions, Division of Consumer Services using one of the following methods:File a complaint online, mail or fax: https://dfi.wa.gov/consumers/loan-complaints
Call us: 1-877-RING DFI (1-877-746-4334)
Email us: CSEnforceComplaints@dfi.wa.gov