Puerto Rico Money Transmitter Bond bond
Puerto Rico Money Transmitter Bond (Bond, not License)
Puerto Rico requires a $25,000 money transmitter bond bond.
Puerto Rico Money Transmitter Bond bond, answered
- How much is a money transmitter bond bond in Puerto Rico?
- Puerto Rico requires a $25,000 money transmitter bond bond.
- Who needs a Puerto Rico money transmitter bond bond?
- Licensed money transmitters and prospective applicants in every state that conditions the license on a posted surety bond (most do).
- Who regulates money transmitter bond bonds in Puerto Rico?
- Puerto Rico Division of Banking oversees money transmitter requirements in Puerto Rico, including the bond filing.
- How do renewals work?
- Renews annually alongside the underlying license.
- How do I get bonded?
- Send license details and transmission volume Receive a per-state quote with surge brackets Bond signed and filed with the state regulator
What you will need
- NMLS or state license number
- Last 12 months of transmission volume by state
- Company financials and owner credit
How to get bonded
- Send license details and transmission volume
- Receive a per-state quote with surge brackets
- Bond signed and filed with the state regulator
Regulator: Puerto Rico Division of Banking
Bond placement runs on Cornerstone Surety
Get your Puerto Rico money transmitter bond bond quoted by the Cornerstone Surety team.
Quote at Cornerstone SuretyOr call us: 770-587-4595