Compliance & regulation
Accurate statuses. Verifiable compliance.
We state precisely which entity does what, where, and under which registration. This page implies no authorization beyond the jurisdictions mentioned.
Canada
Our Canadian entity
DEV STUDIOS CANADA INC. (Send Chap) is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business (C100000009) and is registered with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act (RPAA). These registrations do not constitute authorization in other jurisdictions; service availability varies by country, corridor and customer profile.
- Entity
- DEV STUDIOS CANADA INC.
- Jurisdiction
- Canada
- Brand operated
- Send Chap
- Incorporation
- Ontario (Canada) — No. 100811538
- FINTRAC
- Registered as a money services business (MSB) — No. C100000009, since August 19, 2024
- Registered activities (FINTRAC)
- Foreign exchange dealing, money transferring, issuing or redeeming money orders, dealing in virtual currencies, payment services (PSP)
- Bank of Canada
- Listed in the payment service provider (PSP) registry under the RPAA — see entry
- Address
- 1608-9 Valhalla Inn Road, Etobicoke (Ontario) M9B 0B2, Canada
- Verified on
- October 16, 2026
What these registrations mean — and don’t mean
- Registration with FINTRAC and the Bank of Canada is a registration, not a banking licence or a licence from the Bank of Canada.
- These registrations cover the Canadian entity’s activities in Canada. On their own, they do not authorize activities in other countries.
- Services outside Canada may be provided by other entities or with locally regulated partners, depending on the country and service.
- FX, payment and stablecoin services are offered only where the applicable framework allows.
Compliance program
Anti-money laundering and counter-terrorist financing
Know your customer
Identity verification for individuals (KYC) and businesses (KYB), including beneficial owners.
Transaction monitoring
Detection of unusual activity and reporting to authorities where required by law.
Sanctions screening
Screening of clients and beneficiaries against applicable sanctions lists.
Record keeping
Records kept as required by regulation, with complete audit trails.
Data protection
Information security and processing limited to stated purposes.
Governance
Designated compliance officer, written policies, training and risk assessment.
Compliance and due diligence enquiries
Banks and partners: request our due diligence pack.
compliance@sendchap.comComplaints and fraud reporting
Report a suspicious transaction or file a complaint; we acknowledge and handle every request.
support@sendchap.com