California Lost Cashier's Check Bond
Competitive Rates
| Bond Amount Required | Bond Term | Annual Premium |
| Up to $25,000 | 1 Year | 1% of bond amount |
| Over $25,000 | 1 Year | Rate varies |
Individuals or businesses that need to replace a lost cashier's check may be required to secure a surety bond before the issuing financial institution will replace the check. The bond helps protect the financial institution against covered losses if the original check is later presented or otherwise becomes payable.
Cost of the California Lost Cashier's Check Bond
For checks up to $25,000, the California Lost Cashier's Check Bond costs 1% of the check amount. For example, a $10,000 bond costs $100. A credit check is required for all bond amounts. For checks over $25,000, the premium varies and processing may take 2 to 3 days. Get your California Lost Cashier's Check Bond from NNA Surety and use it today.
How the California Lost Cashier's Check Bond Works
The California lost cashier's check bond helps protect the issuing financial institution against covered financial losses associated with replacing a cashier's check that has been lost.
The bond involves three parties:
- Principal: Individual or business requesting replacement of the lost cashier's check
- Obligee: Financial institution requiring the bond
- Surety: Bonding company
A claim against the bond may be filed if a covered loss occurs after the replacement of the cashier's check. The principal is responsible for repaying valid claims paid by the surety.
How to Get the California Lost Cashier's Check Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this bond application with the required information.
- Complete the required credit check.
- Pay the applicable premium based on the bond amount and underwriting.
- Receive the bond form and provide it to the financial institution as required.
Get Your California Lost Cashier's Check Bond
Ready to get your California lost cashier's check bond? Complete this form or call 855-457-2196 to get bonded.