Money Transmitter Bond
This bond, also known as a money remitter bond, is a license bond that is required by most states. The bond, like all license bonds, guarantees that the licensee will operate under the terms and conditions of the state in which they operate.
This bond is considered a risk and therefore commands rates higher then the average bond, often times 2.5x greater. This rate is in direct relation to the risk inherent in this type of bond. Despite this risk, there is a great range of rates available for this bond between bonding companies, and applicants. For this reason it is important to pick knowledgeable agent with a good understanding of the market. Through several well-laid relationships, Bryant Surety Bonds, Inc has the ability to place this bond at a savings to you.
If you have poor credit, and are having a difficult time being bonded, Bryant Surety Bonds has the solution for you; Apply for our Bad Credit Surety Bond Program. This program is available for Money Transmitter Bonds.
