1 (844) 589-9732

Utah Money Transmitter Bond

In addition to having a net worth of at least $1,000,000, a Utah money transmitter bond for a minimum of $50,000 is required to conduct business in this state. Call AmeriPro Surety Bonds today at 844-589-9732

Utah Money Transmitter Bond | AmeriPro Surety Bonds | 844-589-9732




Utah Money Transmitters




Utah money transmitter serve as a critical midpoint between those who wish to transfer money from one place to another, both within the United States and internationally.

Utah money transmitters also provide:

* Money orders;

* and travelers’ checks

In Utah, money transmitters are regulated by the Utah Department of Financial Institutions (DFI).




Becoming Licensed as Utah Money Transmitter




To become licensed as a Utah money transmitter, an applicant will need to demonstrate the following to the DFI:

* A net worth of at least $1,000,000;

* Proof of character and business acumen to engage in this line of work;

* Both corporate and non-corporate applicants must demonstrate that they are qualified to conduct business a money transmitter bond in Utah.

* Submit proof that the applicant is registered in a nationwide database;

* Obtaining a surety bond for $50,000 to have filed with the Commissioner.




Utah Money Transmitter Bond: Purpose




The purpose of the money transmitter surety bond is to protect members of the public from any acts of fraud, criminal negligence and malfeasance committed on the part of a Utah money transmitter.




Utah Money Transmitter Bond: Amount




The Utah money transmitter bond according to current rules has a minimum requirement of $50,000.

The bond renews on an annual basis and should be issued to run concurrently with a money transmitter license.




Utah Money Transmitter Bond: Premium




If an applicant is an individual, the premium required for the Utah money transmitter bond will be contingent upon the applicant’s credit score.

Corporate applicants will also be subject to a credit check as well.




Utah Money Transmitter Bond: Filing




The state of Utah, DFI, is a participant in the NMLS, which means that these bonds are filed electronically.

AmeriPro Surety Bonds will gladly have the Utah money transmitter bond electronically filed on your behalf once purchased.




About AmeriPro Surety Bonds




We are always aware that our clients have choices in their choice of an agency.

And we never take that for granted.

AmeriPro Surety Bonds is a surety bond-only agency which provides license and permit, contractor, and fiduciary surety bonds in Utah and throughout all 50 states.




Call AmeriPro Surety Bonds today at 844-589-9732

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. 

Wisconsin Garnishment Bond

Wisconsin Garnishment Bond | AmeriPro Surety Bonds | 844-589-9732   Garnishment Surety Bond; Purpose and Amount   A plaintiff’s garnishment order may, by order of the court, take place before a judgment is rendered in the underlying case. A condition of the...

Wisconsin Writ of Attachment Bond

Wisconsin Writ of Attachment Bond AmeriPro Surety Bonds | 844-589-9732   Surety Bond Writ of Attachment; Purpose and Amount   An attachment order allows you, or for legal counsel, your Plaintiff client, to seize and take possession of the disputed property...

North Carolina Garnishment Bond

North Carolina Garnishment Bond AmeriPro Surety Bonds | 844-589-9732   Surety Bond; Purpose and Amount   A North Carolina garnishment bond allows you, as plaintiff, prejudgement, to seize the accounts, assets or wages of a Defendant in a civil litigation...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)