Minnesota Money Transmitter Surety Bond
Minnesota Money Transmitter Surety Bond
We write $25,000 Money Transmitter Surety Bonds in the state of Minnesota.
Our GOOD CREDIT price is 2% of the bond amount.
Click for a No Obligation Quote
Minnesota Money Transmitter Surety Bonds are required by the Minnesota Commissioner of Commerce. The required bond amount is $25,000, for one location. For businesses with over THREE locations, bond amount will increase to $50,000. The bond amount will also increase by $50,000 for each location over SIX, with a maximum of $250,000.
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 - Minnesota Commissioner of Commerce
Bond Amount - $25,000 (For one Location)
Bond Premium - Varies
Renewal Document - None.