Any person engaging in the business of money transmission, which includes the sale or issuance of payment instruments or stored value, or receiving money or monetary value for transmission to a location within or outside the United States. Required when: Application for a money transmitter license under the Nebraska M…
Overview
What it is.
Any person engaging in the business of money transmission, which includes the sale or issuance of payment instruments or stored value, or receiving money or monetary value for transmission to a location within or outside the United States. Required when: Application for a money transmitter license under the Nebraska M…
Who usually needs it
Any person engaging in the business of money transmission, which includes the sale or issuance of payment instruments or stored value, or receiving money or monetary value for transmission to a location within or outside the United States.
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.
StateNEBond amountThe amount of the surety bond shall be the greater of one hundred thousand doll…Term lengthContinuousObligeeNebraska Department of Banking and FinanceRenewalThe bond must be maintained at all times. Licensees must adjust the bond amount based on their average daily money transmission liability as reported in their periodic filings or at the time of license renewal.Bond classMiscellaneous CommercialCategoryFinancial ServicesBondSurety bondStatutory referenceNeb. Rev. Stat. § 8-2731JurisdictionState
