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West Virginia Money Transmitter Bond bond

West Virginia Money Transmitter Bond (Bond, not License)

West Virginia requires a $25,000 money transmitter bond bond.

West Virginia Money Transmitter Bond bond, answered

How much is a money transmitter bond bond in West Virginia?
West Virginia requires a $25,000 money transmitter bond bond.
Who needs a West Virginia 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 West Virginia?
West Virginia Division of Financial Institutions oversees money transmitter requirements in West Virginia, 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: West Virginia Division of Financial Institutions

Bond placement runs on Cornerstone Surety

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

Quote at Cornerstone Surety

Or call us: 770-587-4595