Money Services Business Surety Bond Apply now

What is a Money Services Business Surety Bond?

A Money Services Business Surety Bond ensures that monies collected by a money services business are handled appropriately according to the rules and regulations governing money services businesses within the state requesting it.

 

What is the current market for a Money Services Business Surety Bond?

Money Services Business Surety Bonds are written by multiple surety bond markets. However, some bond forms incorporate a long tail period in which the surety is liable up to the penal sum of the bond even after cancellation. The bond amount for the Money Services Business Surety Bond varies dependent on the state requesting the bond. Terms of approval and premium are largely determined by the financial condition of the collection agency’s corporate and/or personal net worth and experience.

 

How do I apply for an Money Services Business Surety Bond?

  1. Start by filling out our Money Services Business Surety Bond application
  2. E-mail or fax the information to submissions@dblsurety.com or (888) 204-8716

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Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate.

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