Any person or entity engaging in the business of money transmission, which includes selling or issuing payment instruments, stored value, or receiving money or monetary value for transmission. Required when: Required as part of the application for a money transmitter license or upon approval of the application. Exempt…
Overview
What it is.
Any person or entity engaging in the business of money transmission, which includes selling or issuing payment instruments, stored value, or receiving money or monetary value for transmission. Required when: Required as part of the application for a money transmitter license or upon approval of the application. Exempt…
Who usually needs it
Any person or entity engaging in the business of money transmission, which includes selling or issuing payment instruments, stored value, or receiving money or monetary value for transmission.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous surety bonds cover a wide variety of obligations that don't fit neatly into other categories. Typical Pricing:. • Small bonds: May be available as flat-fee premiums starting around $100–$250. • Larger bonds: Commonly around 1–5% of the bond amount, though rates vary significantly by bond type. • Underwriting: Requirements vary — some bonds qualify for instant approval, others require full underwriting. Pricing varies significantly by the specific bond type, jurisdiction, and r…
Typical timeframe
Varies by bond type — contact for details
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateWYBond amountThe bond amount shall be the greater of ten thousand dollars ($10,000.00) or tw…Term lengthContinuousObligeeWyoming Division of BankingRenewalThe bond remains in effect until cancelled. The license itself must be renewed annually through the NMLS by December 1st each year, and the licensee must maintain the required security device to remain in compliance.Bond classMiscellaneous OtherCategoryFinancial ServicesBondBond or other security deviceStatutory referenceW.S. 40-22-106JurisdictionState
