Jun 01, 2019 ยท Currency exchanges must be licensed, and must display their license and the fees they charge. In addition to the limits on their check cashing fees, currency exchanges also have limits on money order fees. That limit is 75 cents, plus 1% of the amount of the money order.
Exchange fees for clearing and trading CME Group products vary according to whether the customer has membership or incentive program participant status for the respective CME, CBOT or NYMEX/COMEX Exchange. Fees also vary by product as well as volume traded, venue and/or transaction type. Choose Nusenda Credit Union and become a member to get great rates on checking, mortgages, auto loans, and more. Get started today!
The annual license fee for each community currency exchange shall be $400 for each licensee and $400 for each additional licensed location. The annual license fee for each location served by an ambulatory currency exchange shall be $25. (Source: P.A. 99-445, eff. 1-1-16; 99-549, eff. 7-15-16.)The Texas Department of Insurance regulates the state's insurance industry, oversees the Texas workers' compensation system, and includes the State Fire Marshal's Office.