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Utah Money Transmitter Bond bond

Utah Money Transmitter Bond (Bond, not License)

Utah requires a $25,000 money transmitter bond bond.

Utah Money Transmitter Bond bond, answered

How much is a money transmitter bond bond in Utah?
Utah requires a $25,000 money transmitter bond bond.
Who needs a Utah 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 Utah?
Utah DFI oversees money transmitter requirements in Utah, 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

  1. Send license details and transmission volume
  2. Receive a per-state quote with surge brackets
  3. Bond signed and filed with the state regulator

Regulator: Utah DFI

Bond placement runs on Cornerstone Surety

Get your Utah money transmitter bond bond quoted by the Cornerstone Surety team.

Quote at Cornerstone Surety

Or call us: 770-587-4595