1 (844) 589-9732

Iowa Delayed Deposit Services Bond

The $25,000 Iowa delayed deposit services bond is issued immediately upon completion of a short surety bond application. There is no credit check. The premium is a onetime fee of $188. Please call AmeriPro Surety Bonds today at 844-589-9732.

Iowa Delayed Deposit Services Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Delayed Deposit Services – Iowa

 

 

 

The delayed deposit services profession is defined by the state of Iowa as someone who, for monetary compensation:

  • Accepts a postdated check;
  • Accepts a check with the current date but holds it for a period of time in agreement with the person who wrote the check.

A requirement for licensing with Iowa is that a delayed deposit services business obtain a $25,000 surety bond. Meeting the surety bond requirement is easy and will take a few short minutes of your time.

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for the $25,000 Iowa delayed deposit services bond is done by completing an application — which we’ll take from you over the phone — and paying the premium of $188.

In other words, there is no credit check nor underwriter review for this bond; you are automatically approved.

Once the premium has been paid, the bond is issued to you immediately. At your request, a copy of your bond can be emailed to you. The original bond, which you will also sign as Principal, will be mailed to you the following business day.

It is ideally the original surety bond along with the Power of Attorney that you will file with the state.

 

 

 

Duration of Your Surety Bond

 

 

 

At $188, your delayed deposit services surety bond is issued for a standard one year period.  Thereafter the bond renews.  The bond can also be prepaid for up to 3 years, thereby offering you a savings over year to year renewal of the premium.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $338, a $38 savings;
  • If prepaid for 3 years, the premium is $489, a $75 savings.

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

Your surety bond is a financial guarantee of your compliance with Iowa Code Chapter 533D.  The bond also serves as a guarantee that you will:

  • Promptly pay any judgments rendered against you in connection with your license;
  • And recompense any losses to the state of Iowa or to any resident of Iowa for any violations of Chapter 533D.

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout Iowa.

Our agency also provides surety bonds nationwide.

Please call us today at:

 

844-589-9732

 

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

 

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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.

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Office: 1 (844) 589-9732

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Monday – Friday 6 am to 5 pm (PST)