Monarch Moves Money
Monarch is a registered money transmitter, facilitating the movement of funds both domestically and internationally. As a money transmitter, we adhere to a strict regulatory framework to ensure the security and compliance of every transaction. We are committed to providing a compliant, reliable and transparent platform for individuals and businesses to send and receive money with confidence.
A Customized Banking & Payment Processing System for Your Cannabis Business
Our system can grow with your business. Monarch is a banking and payment processing solution for the legal cannabis industry. One reason why many cannabis businesses fail isn’t due to a lack of business acumen, but rather, a failure to keep up with the compliance regulations governing the industry.
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Monarch is a Money Transmittal License holder as well as a certified Third Party Sender (TPS) with multiple financial institutions.
OPTIMAL SOFTWARE, NO WORRYING
THC/CBD Cannabis Banking Solution
Growth Explosion has erupted in the Cannabis space. A high degree of opportunity exists in this industry. The banking system is extremely slow to adopt. The Monarch platform will assist these banks in building deposits by allowing fully licensed THC/CBD farmers, growers, supply chain, distribution, wholesale, manufacturing and dispensary initiatives to open DDA accounts for legitimate business and cash management services.
ON DEMAND, CROSS PLATFORM, CROSS USER
Multi-State Compliance
Many state and federally chartered financial institutions are now just starting to put process and policy in place for boarding certain sectors of the Cannabis industry. After talking to over a dozen banks in multiple states, it is clear that the need for a central underwriting, compliance and on-boarding platform is welcomed. Currently these banks and credit unions don’t have the required platform in place to handle the needs of the Cannabis industry. The Monarch platform seeks to provide the needed solutions for these banks to be able to board these merchants in an easy to use, compliant and scalable fashion.
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