A registered remittance service provider who has an agreement with a remittance network provider to use that network’s brand, products, platforms or systems to provide the remittance service.
Under the agreement the affiliate accepts instructions from customers to send funds to a recipient in another location, and accepts instructions to make funds available to a beneficiary.
See
AML/CTF Act 2006 section 5 – Definitions: registered remittance affiliate, registered remittance network provider
AML/CTF Act 2006 item 32A of Table 1 of section 6 – Designated services