Montana Money Transmitter Bond
Montana Money Transmitter Bond
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
This product record provides $100,000 in surety bond coverage for a one-year term at a supplied annual premium of $1,000. Because Montana does not currently regulate money transmitters at the state level, this draft presents the bond as a product offering rather than describing the $100,000 amount as a statutory Montana money-transmitter requirement.
Cost of the Montana Money Transmitter Bond
The supplied annual premium for the $100,000 Montana Money Transmitter Bond product is $1,000 for a one-year term. Complete the quote form to begin the required bonding process.
How the Montana Money Transmitter Bond Works
A surety bond is a three-party agreement involving the principal, the obligee, and the surety. This product provides a stated bond amount of $100,000. The specific obligation secured by the bond should be confirmed from the bond form or carrier program before publication because the supplied product information does not identify a Montana statutory money-transmitter bond requirement.
Principal: Business purchasing the bond
Obligee: As identified on the applicable bond form
Surety: Bonding company
For general information, review the surety bond claim process.
How to Get the Montana Money Transmitter Bond
1. Confirm the bond form and the obligation the $100,000 bond is intended to satisfy.
2. Complete the quote form to begin the required bonding process.
3. Pay the supplied $1,000 annual premium for the one-year product term.
4. Receive and file the bond according to the requirements of the applicable obligee or program.
Learn more about Montana surety bond options available through NNA Surety.
Get Your Montana Money Transmitter Bond
For assistance with this product, call 855-215-2160 to speak with NNA Surety.