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Rhode Island Money Transmitter Bond bond

Rhode Island Money Transmitter Bond (Bond, not License)

Rhode Island requires a $25,000 money transmitter bond bond.

Rhode Island Money Transmitter Bond bond, answered

How much is a money transmitter bond bond in Rhode Island?
Rhode Island requires a $25,000 money transmitter bond bond.
Who needs a Rhode Island 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 Rhode Island?
Rhode Island Division of Banking oversees money transmitter requirements in Rhode Island, 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: Rhode Island Division of Banking

Quote your Rhode Island Money Transmitter Bond bond

The form below pre-selects Rhode Island so you can move straight to bond type, ownership, and amount. Save and resume from any device.

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