Rhode Island Money Transmitter Bond bond
Rhode Island Money Transmitter Bond (Bond, not License)
Rhode Island requires a $25,000 money transmitter bond bond.
Rhode Island Money Transmitter Bond bond, answered
- How much is a money transmitter bond bond in Rhode Island?
- Rhode Island requires a $25,000 money transmitter bond bond.
- Who needs a Rhode Island 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 Rhode Island?
- Rhode Island Division of Banking oversees money transmitter requirements in Rhode Island, 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: Rhode Island Division of Banking
Bond placement runs on Cornerstone Surety
Get your Rhode Island money transmitter bond bond quoted by the Cornerstone Surety team.
Quote at Cornerstone SuretyOr call us: 770-587-4595