AL Sale of Checks / Money Transmitter Bond

We write Sale of Check or Money Transmitter Surety Bonds in Alabama.
Bond amount varies. Our GOOD CREDIT rate is 2%

Sale of Checks/ Money Transmitter Bonds are required by the Alabama Securities Commission. The required bond amount is set by the Obligee. A corporate surety bond in the principal sum of $10,000 for the principal office plus an additonal principal sum of $5,000 for each additional location, office, or agency of such applicant in this state at which the business if to be conducted. In no event shall the bond exceed $50,000 amount.

Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.

We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.

We find the best possible price for your surety bond given your particular qualifications.

Additional information about this corporate surety bond requirement is as follows:

Obligee - Alabama Securities Commission
Bond Amount - Set by the Obligee
Bond Premium - Varies
Renewal Document - Renewal Bond required.

Click on the No Obligation Quote button to complete our simple, one-page online bonding application. Completing the following application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!

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By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties

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Here's How It Works

Click on the click for a no obligation quote button to answer the only questions needed to underwrite. No surprises, no hidden questions, and no endless "next" pages.

Click on the submit application button to send us your application via our secure server. You may also print and fax the application to us at (815) 550-2439.

Get your exact quote emailed in minutes. Choose one of our instant payment options and have your bond issued today! It's that simple.

All bonds are guaranteed to be accepted by the obligee

AL Sale of Checks / Money Transmitter Bond