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Alaska Money Transmitter Bond bond

Alaska Money Transmitter Bond (Bond, not License)

Alaska requires a $25,000 money transmitter bond bond.

Direct answer

Do I need a money transmitter bond bond in Alaska?

Alaska requires a $25,000 money transmitter bond bond. Licensed money transmitters and prospective applicants in every state that conditions the license on a posted surety bond (most do). Alaska Division of Banking & Securities oversees money transmitter requirements in Alaska, including the bond filing.

Alaska Money Transmitter Bond bond, answered

How much is a money transmitter bond bond in Alaska?
Alaska requires a $25,000 money transmitter bond bond.
Who needs a Alaska money transmitter bond bond?
Licensed money transmitters and prospective applicants in every state that conditions the license on a posted surety bond (most do).
Who regulates money transmitter bond bonds in Alaska?
Alaska Division of Banking & Securities oversees money transmitter requirements in Alaska, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Send license details and transmission volume Receive a per-state quote with surge brackets Bond signed and filed with the state regulator

What you will need

  • NMLS or state license number
  • Last 12 months of transmission volume by state
  • Company financials and owner credit

How to get bonded

  1. Send license details and transmission volume
  2. Receive a per-state quote with surge brackets
  3. Bond signed and filed with the state regulator

Regulator: Alaska Division of Banking & Securities

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Money Transmitter Bond bond requirements by state