License required.

S.C. Code Ann. § 35-11-200
in effect
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(A) A person may not engage in the business of money transmission or advertise, solicit, or hold himself out as providing money transmission unless the person is: (1) licensed under this article; (2) an authorized delegate of a person licensed pursuant to this article; or (3) exempted under Section 35-11-110. (B) A license issued pursuant to this chapter is not transferable or assignable. Effect of Amendment 2024 Act No. 218, SECTION 1, in (A), in (1), substituted "article" for "chapter or approved to engage in money transmission pursuant to Section 35-11-210", and rewrote (3).
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t35c011.phpFetched: 10/17/2026

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