Any person providing money transmission services in Oregon, including electronic bill paying, wiring money, and selling or issuing payment instruments. Required when: Application for a money transmitter license. Exemptions: ORS 717.210: Financial institutions such as credit unions and trust companies; businesses insur…
Overview
What it is.
Any person providing money transmission services in Oregon, including electronic bill paying, wiring money, and selling or issuing payment instruments. Required when: Application for a money transmitter license. Exemptions: ORS 717.210: Financial institutions such as credit unions and trust companies; businesses insur…
Who usually needs it
Any person providing money transmission services in Oregon, including electronic bill paying, wiring money, and selling or issuing payment instruments.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateORBond amountMinimum $25,000, plus $5,000 for each location that operates or will operate as…Term lengthContinuousObligeeOregon Department of Consumer and Business Services, Division of Financial RegulationRenewalThe bond must be maintained continuously as a condition of license renewal. Licensees must submit a renewal report and pay an annual fee by December 1st each year via NMLS.Bond classMiscellaneous CommercialCategoryFinancial ServicesBondSecurity deviceStatutory referenceORS 717.225JurisdictionState
