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Malaysian Association of Money Services Business or MAMSB (Persatuan Perniagaan Perkhidmatan Wang Malaysia) is the national association for companies in Malaysia which have been granted licences under the Money Services Business Act 2011 (MSBA) as well as those enterprises that have been approved as money services business agents to principal licensees under the MSBA.
The three main types of money services businesses governed by the MSBA are:
(a) money-changing business;
(b) remittance business; and
(c) wholesale currency business.
All licensees and approved money services business agents are eligible for membership in MAMSB.
MAMSB is dedicated to advancing the money services business industry in Malaysia. Its ultimate aim is to ensure alignment with the national agenda to promote modernisation and professionalism of the money services business industry while representing the interest of members.
MAMSB also strives to play an active role in consumer education in the areas relating money services.