To ensure the continuous operation of the company it must abide by the strict rules and regulations of several government entities tasked with supervising the industry. L.I.S. is categorized as a Money Service Business (MSB) so it must register as such with:

Compliance with the above-mentioned agencies is strict, so L.I.S. has a structured information logistics system put in place. This system includes manuals and procedures, employee training, computer systems, electronic data bases and specific techniques to detect and deter non compliant transactions. L.I.S. system’s main goal is to prevent money laundering, raise red flags of suspicious activities as well as to alert and assist law enforcement’s efforts to fight financial crimes.

L.I.S. was founded in 2015 with just one location but as mentioned above it has since expanded to eight and has become a trusted member of the business community. Its founder and current president E. Agustin Martinez has set the company up for success by upholding values and ethics needed in the industry. The objective of L.I.S. is not only to provide the best rate and service to its clients but to ensure its done in a safe way for all involved. Currently LIS is one of the largest currency exchange providers in the state of Texas.

Services offered at all our locations include currency exchange, check cashing, sending money, insurance for travelers, notary, and Texas lotto

L.I.S. strives to sustain a superior level of service unlike any other in the industry all while ensuring the safety of our operations. The team at L.I.S. is committed to our community and sets out every day to ensure the best rate possible for our clients so their businesses can succeed together with us.

“We must have the best rate in Laredo and Nuevo Laredo at all times”

L.I.S. is the leading currency exchange business in Laredo and as we set our sights in the future, we will expand our operations to provide more services in more places. We are motivated by our ambition to be the leaders in compliance and safety mechanisms. The team at L.I.S. will be playing a fundamental role in our growth, from cashiers to top management everyone’s mission is in sync.

Client Focused– We commit to constantly improving our financial and market assessment skills to ensure we have the best rate possible for our clients.

Integrity– We commit to upholding an ethical practice driven by our values to prevent, detect and report suspicious or illegal activity.

Laredo Insurance Services LLC was incorporated in the state of Texas, L.I.S. and is registered with the State of Texas and Webb County. Due to its business activity which requires handling large amounts of cash, federal and state law require it to be registered as a Money Services Business also known as MSB. Besides maintaining the appropriate permits and renewals with government agencies, L.I.S. is always required to have a bond.