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Money Transmitter Bonds

Many states across the country require money transmitter bonds, which are also known by the name of money remitter bonds. This is a license bond and enables the principal to carry on their business while assuring the government they will adhere to all the conditions laid down in their particular state.

The current market

Money transmitter bonds are seen as being of higher risk than other commercial bonds. The rates can be more than double in comparison to other bonds of this nature. However you will find very different rates available between bonding companies. Rates will also vary depending on your status. It is worth searching for an agent experienced in money transmitter bonds who will be able to write such a bond for you at a cost effective rate.

Does your agency have a special program available for money transmitter bonds?

We are in contact with many different bonding companies, giving you the opportunity to get a money transmitter bond at a highly competitive rate. If you do not qualify for the standard bond program, we can also provide a bad credit alternative that may suit you.

Money Transmitter Bonds Application

  Fantastic experience. I will use you again next year! Thanks for the quick turn-around, couldn't be happier.

~James H, MI