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  1. bad2thebond
    bad2thebond is offline Member
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    Oct 2008
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    Money Transmitter Bond

    Does each state have a different bond amount requirement for a money transmitter bond?
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  2. lifeisgood
    lifeisgood is offline Senior Member
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    Money Transmitter Bonds

    It will vary from state to state. There are quite a few that have no specified dollar amounts, but New York for example has a pre-determined amount of $500k.
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  3. Bond Magician
    Bond Magician is offline Senior Member
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    Money Transmitter Bond

    Quote Originally Posted by lifeisgood View Post
    It will vary from state to state. There are quite a few that have no specified dollar amounts, but New York for example has a pre-determined amount of $500k.
    What does it mean that some states do not have a determined bond amount? Could an applicant obtain a bond for any bond amount?
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