Welcome to MONTOBIT MSB LTD website.

Welcome to MONTOBIT MSB LTD (“Company”) - Federal corporation, registered in Onta io, Canada under company ID N 15791031 (Business № - 794517425RC0001) on 20 of February 2024 with place of business 37 Kenreta Dr North Bay ON P1B 8X6 Canada, that in the process of obtaining Money Service Business authorization from Canada FIU - Financial Transactions and Reports Analysis Centre (FINTRAC).

List of planned money service business (“MSB”) activities:

I. Virtual currency exchange

Company will provide services related to exchange virtual currency:

1) Exchange virtual currency to fiat;

2) Fiat to virtual currency;

3) Virtual currency to other virtual currency;

4) Holding of virtual currency wallets.

Supporting virtual currencies:

1) BTC

2) ETH

3) LTC

4) TRX

5) Other currencies by request of customer after approval of such currencies.

6) Stablecoins (USDT,USDC, DAI). Such currencies will not be available for Canadian residents until the company will get separate authorization from Canadian Securities Administrators and/or relevant institutions.

Supported protocols for Stable coins:

1. Ethereum

2. Tron

II. Issuing and redeeming of money instruments (“e-wallet”)

Services of digital fiat and virtual c wallets (“e-wallet”) for residents and non-residents according to company’s AML policy approved by the senior management:

1) Wallet top-up:

a) By bank transfers (EFT, ACH, SWIFT, SEPA and local settlement systems according to opportunities of COMPANY and payment partners), including transfers from the 3rd parties of Customers via Virtual payment accounts

b) By Payment cards (VISA/MasterCard and etc)

c) Via other payment systems providers and MSB

d) By virtual currencies transfers;

e) Other ways decided and approved by company

2) P2P payments:

a) Private transfers between wallets

b) Transfers between customers and merchant wallets for products/services and other commercial purposes

3) Currency exchange

4) Withdrawal:

a) By bank transfers (EFT, ACH, SWIFT, SEPA and local settlement systems according to opportunities of COMPANY and payment partners)

b) By Payment cards (VISA/MasterCard)

c) By other virtual currency

d) By other payment systems

e) Other ways decided and approved by company

f) In case of approving by our partners to co-branded cards issuing by licensed partners

III. Remitting funds or transmitting funds

Company will offer cross-border funds transmitting services and plans to partner with wide range of payment institutions across the world in different jurisdictions and currencies.

Customer may initiate funds transfer to:

1. Payment account in their own Name of 3rd parties in other bank and payment institutions in same or different currency:

a. Via EFT

b. Via ACH/US Domestic wire, SEPA, CHAPS and other LOCAL payment systems

c. Via internal transfer if COMPANY has account in same institution as a payee/receiver of transfer

d. Via SWIFT

e. To VISA/MC payment cards

f. Via Payment Check

g. Via virtual currency

h. Via other payment system providers

2. Another user’s e-wallet in MONTOWIRE

3. Wallets opened in other MSB and PSP (own and 3rd parties)

Customer may initiate transfer via:

a) Own e-wallet in Montowire (for existing customers)

b) Transfer to Montowire account from own account (via SWIFT or Local transfer)

c) Using VISA/Mastercard balances

d) Via virtual currency transfers.

IV. Payment service providers

Includes invoice payment services and payment services for goods&services:

1. Providing via payment partners virtual payment account details for receiving transfers from own accounts and from 3rd parties for goods, services and other services

2. Providing of payments instruments processing and invoicing services for merchants related to e-commerce, online business and etc via Customer`s website:

a. Credit card processing gateway via payment partners;

b. Check processing

c. Virtual currency payment processing.

d. Other payment methods processing

3. E-Invoicing services

V. Foreign exchange dealing

Company will engage in fiat currency exchange for customers. Company will not engage in cantor/walk-in physical exchange.