Missouri Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $100,000- $500,000 | $1,000- $5,000 | NMLS |
Businesses engaging in regulated money transmission in Mossouri generally must obtain a license through the Missouri Division of Finance unless an exemption applies. The surety bond supports compliance with Missouri's Money Transmission Modernization Act and provides security for covered money transmission obligations.
Cost of the Missouri Money Transmitter Bond
The annual premium for a Missouri Money Transmitter Bond is estimated at 1.5%–3% of the required bond amount. With bond amounts ranging from $100,000 to $500,000, estimated annual premiums range from approximately $1,000 to $5,000. Complete the quote form to begin the required bonding process.
How the Missouri Money Transmitter Bond Works
The Missouri money transmitter bond provides financial security by requiring the licensed money transmitter to maintain coverage that supports its obligations under Missouri’s money transmission law.
The bond involves three parties:
Principal: Licensed money transmitter
Obligee: State of Missouri / Missouri Division of Finance
Surety: Bonding company
Learn about the surety bond claim process for general information about claims and principal reimbursement obligations.
How to Get the Missouri Money Transmitter Bond
Follow these simple steps to get bonded with NNA Surety:
1. Complete the bond application.
2. Pay the applicable bond premium.
3. Receive the bond form and complete any required execution information.
4. File the required bond as directed for your Missouri money transmission license.
Learn more about your Missouri surety bond options across the state.
Get Your Missouri Money Transmitter Bond
Stay compliant with Missouri licensing requirements by securing the required money transmitter bond. Call 855-457-2196 to speak with NNA Surety about the required bond amount and current premium.