For all those that wish to setup ATM's in the U.S... Well it is pretty damn difficult. You first have to get a AML/KYC compliance program in place. The best ones to do this in the U.S is Joe Ciccolo from BitAML. The next thing you have to do is find a broker that will find banks that are actually willing to do business with you. This list of banks is very very small and they usually only deal with high dollar clients. The best person I found for this was Andy from Bankline. You will pay a pretty penny of a minimum of 1k per month in fees but he will make sure you have redundant bank accounts should an institution change their mind and quit banking with you. This happens quite often so its a good feature. The last major part is obtaining a federal license for being a money service business and your corresponding state license. These licenses will be in addition to all other generic business licenses and tax accounts you have to obtain for operating any sort of business. I can tell you that most of this is highly costly, time consuming, and very annoying. However, if anyone is still willing to proceed then below are the links to the necessary people you will have to contact.
https://www.bankline.com/https://bitaml.com/Would it possible to set up sort of a company if you were to find 100 people interested in doing this, meaning one license could be purhcased but used by all 100 people as they operate under the same company?
I think that would be a great way to lower the costs (which I've heard can be up and above $100k). If you know, please share
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