1 (844) 589-9732

Idaho Money Transmitter Bond

The Idaho money transmitter bond ranges from $10,000 to $500,000 surety bond amount, based on your number of locations. We offer this bond with streamlined, credit check-free processing up to $50,000, inclusive; and for amounts greater at the same rate of 1 1/2%. Please call AmeriPro Surety Bonds today at 844-589-9732.

Idaho Money Transmitter Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Money Transmitters – Idaho

 

 

 

Professionals in Idaho who engage in money transmission are regulated by the state’s Department of Finance.

While regulations are handled by the Department, your license and surety bond are filed through NMLS, the Nationwide Mortgage Licensing System.  In order to be licensed, you are required to obtain the appropriate surety bond amount. The following will help you determine the amount of surety required:

  • A minimum of $10,000 surety bond;
  • With an additional $5000 surety bond requirement for each additional location or place of authorized delegates after the first location;
  • And a maximum surety bond amount of $500,000.

Qualifying and the Premium

For any surety bond amount between $10,000 and $50,000 inclusive, our agency offers you the Idaho money transmitter bond with streamlined processing. What this means is that:

  • After you complete an application which can be taken over the phone with an agent;
  • And pay the premium of 1 ½% (minimum $100);
  • Our agency issues this bond to you immediately.

Note that there is no credit check nor review by an underwriter; you’ll have your surety bond in minutes.

Surety Bond Amounts between $55,000 – $500,000

For surety bond amounts between $55,000 to $500,000, in addition to an application, a credit check inquiry will also be required. Also, depending on the size of the bond required, you may be asked to provide a recent financial statement.

Good credit will be required for any of these higher amounts, and the premium will be at the same rate of 1 ½% of the amount required.

 

 

 

Premium Prepayment Options

 

 

 

The premium for your Idaho money transmitter bond is good for one year, and thereafter the premium and the surety bond will renew. Our agency offers you the option to prepay your premium for up to 3 years, thereby saving you over renewing each year (and lengthening the time between renewals).

The premium prepayment option and savings are as follows (using a $50,000 surety bond amount as an example):

  • If prepaid for 2 years, the premium is $900, a $100 savings;
  • If prepaid for 3 years, the premium is $1300, a $200.

Larger amounts will offer even greater premium savings.

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

The Idaho money transmitter surety bond is a financial guarantee which ensures your lawful compliance with all regulations concerning money transmission, and most especially Chapter 26-2908 of the state’s statutes.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds provides money transmission surety bonds in all 50 states. We are a surety bond agency which solely focuses on license and permit bonds nationwide.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and an agent will contact you…

 

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Missouri Attachment Bond

Missouri Attachment Bond | AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Purpose and Amount   A Missouri attachment order allows you as Plaintiff (or, for legal counsel, your client) to seize the disputed property of the Defendant, before a final...

Georgia Garnishment Bond

Georgia Garnishment Bond AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   A Georgia garnishment order allows you, as plaintiff, in a civil litigation proceeding to seize the assets, accounts, or wages of a defendant, prejudgment; that...

Georgia Writ of Attachment Bond

Georgia Writ of Attachment Bond AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Amount and Purpose   A Georgia writ of attachment is a court order issued in a civil litigation proceeding.  By means of it, as Plaintiff you (or for legal counsel, your...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)