CFPB · Advance Notice of Proposed Rulemaking FR Doc. 2025-15090 · Published

CFPB Seeks Comment on Larger Participant Test for the International Money Transfer Market

The CFPB is requesting information on whether to raise the 1,000,000-transfer threshold that defines larger participants in the international money transfer market, and it floats options of 10, 30 or 50 million transfers. It imposes no new requirements, and comments are due September 22, 2025.

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Loan impact

From the rulemaking text · verified

Applies to: Nonbank international money transfer providers; the document is outside residential single-family mortgage lending and imposes no requirements.

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What to do

AWACS interpretation · not source language

What to review: No change in this notice is mandatory, so nothing is required of a lender: it is an informational request for comment on the larger participant threshold for nonbank international money transfer providers, which falls outside residential single-family mortgage lending.

Source and record

Version 1 · archived

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