1. What is the process for the Application for Cash Transaction Card?
The seller completes the application at the MRE; the MRE will approve the application, and then produce the card and mail it to the seller.
2. Is a License To Carry (LTC) considered an acceptable form of identification for a Cash Transaction Card?
Yes.
3. If a seller completing the Application for Cash Transaction Card presents a current driver license that has the wrong address, can the driver license still be used to complete the application?
Yes. However, the seller will have to declare their correct mailing address.
4. Can I use a Post Office Box on the Application for a Cash Transaction Card?
Yes, the address should be the actual mailing address. The cash transaction card must be mailed to the seller by the MRE; a valid mailing address is required.
5. If a seller of regulated materials presents a cash transaction card issued by the same MRE, can the MRE retain the cash transaction card for transactions at that MRE only?
Yes, Texas Occupations Code §1956.0382 does not prevent an MRE from retaining a cash transaction card issued by that MRE for use in future transactions with the seller.
6. I am a metal recycling entity and have purchased a black/white printer for photographs to be included on the Application for Cash Transaction Card and the cash transaction card. Texas Administrative Code §36.37 states all photographs must be in color. If I purchased the printer before the rule was approved, will I be exempted from using color photographs?
No. A cash transaction card required by a local law, regulation, or ordinance consistent with Texas Administrative Code §36.37 that is issued subsequent to the effective date of the rule must comply with the rule. However, any such card issued prior to the effective date of the rule need not comply with this section so long as it remains valid and has not expired, unless more than two (2) years has passed since the date of issuance.
7. Does the photograph and fingerprint on the Application for Cash Transaction Card have to be a particular size?
No. Texas Occupations Code §1956.0382(b) only requires the digital photograph must accurately depict the applicant's entire face taken at the time the applicant completes the application, and the thumbprint must be clear and legible.
8. Are MREs responsible for developing their own unique identifying number required on the cash transaction card?
Yes.
9. Is there a maximum size for the cash transaction card?
No. However, it is suggested the card be no smaller than 2" x 3" and no larger than 3" x 5".
10. Are MREs required to accept a cash transaction card issued by another MRE?
No. However, if an MRE chooses to accept a cash transaction card issued by another MRE they may; that is at the discretion of the MRE.
11. The administrative rules require the cash transaction card have the same name and registration number of the issuing metal recycling entity. If I have more than one metal recycling entity location, may I put the registration number of all my locations on the card so I do not have to produce a different card for each location?
Yes. The cash transaction card can list all locations/certificates owned by the issuing metal recycling entity.
12. When an application for a cash transaction card is processed, can an MRE give the cash transaction card to the applicant, or must it be mailed?
Texas Occupations Code §1956.0382(e) requires cash transaction cards be mailed to the address provided on the application for the card, not given directly to the person. Renewed cash transaction cards may be given to the applicant in person ONLY under certain circumstances. For complete information visit Cash Transaction Card.
13. Where can I find the Application for Cash Transaction Card and the Metals Recycling Transaction Statement of Ownership forms?
Please visit Forms to download the forms. You may request copies by calling (512) 424-7293.
14. How do I submit a request to use an alternate form instead of the Metals Recycling Statement of Ownership (RSD-805) or Application for Cash Transaction Card (RSD-804)?
Instructions on how to submit an alternate form for review by the department can be found on Forms.