What does apple require to prove Recognized Financial Institution

We received

"Your app facilitates the transmission of a virtual currency but was not submitted by a corresponding exchange or recognized financial institution."

We are a financial institution. What evidence does apple need for us to prove that and how do we get it to them?

Answered by appperson in 723946022

We simply sent some legal text with our next submission describing how we are in fact a financial institution

I found this definition of Recognized Financial Institution

Recognized financial institution means an institution that is organized or licensed under the laws of the United States or any stateand is insured by the federal deposit insurance corporation;

https://www.lawinsider.com/dictionary/recognized-financial-institution

Hope that's what Apple requests and hope that may help.

Accepted Answer

We simply sent some legal text with our next submission describing how we are in fact a financial institution

What does apple require to prove Recognized Financial Institution
 
 
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