Any person or entity engaging in the business of money transmission or advertising, soliciting, or holding itself out as providing money transmission in Missouri. Required when: Required as a condition of obtaining and maintaining a money transmission license. Exemptions: The United States or any department, agency, o…
Overview
What it is.
Any person or entity engaging in the business of money transmission or advertising, soliciting, or holding itself out as providing money transmission in Missouri. Required when: Required as a condition of obtaining and maintaining a money transmission license. Exemptions: The United States or any department, agency, o…
Who usually needs it
Any person or entity engaging in the business of money transmission or advertising, soliciting, or holding itself out as providing money transmission in Missouri.
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.
StateMOBond amountFor initial applicants, the bond is $100,000. For licensees, the amount is the …Term lengthContinuousObligeeMissouri Division of FinanceRenewalThe bond must be maintained at all times. Licensees must calculate their average daily money transmission liability to ensure the bond amount meets statutory requirements, unless they maintain the maximum $500,000 bond …Bond classMiscellaneous CommercialCategoryReal EstateBondSurety bondStatutory referenceRSMo 361.1002JurisdictionState
