Rhode Island Sale of Checks License Bond
We write Sale of Checks License Bonds in Rhode Island.
Bond amount varies. Our GOOD CREDIT rate is 2%.
Rhode Island Sale of Checks License Bonds are required by the Rhode Island Department of Business Regulation. The required bond amount is $50,000.00 plus an additional sum of $5,000.00 for each agent/branch location. There is a $25.00 dollar cancellation fee. (See bond form for cancellation provision).
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 - Rhode Island Department of Business Regulation
Bond Amount - $50,000.00 plus an additional sum of $5,000.00 for each agent/branch location
Bond Premium - Varies
Renewal Document - None.