Maryland Money Transmission Bond | Surety Bond
Type of BondMaryland Money Transmission Bond is required by The State Of Maryland to comply with the State licensing requirements. Each state has drafted their own Money Transmission Bond Form, so you will need a different Money Transmission bond for each state you will be transacting business in.
This may be a problem for other agencies, but not ours. Our Agency is licensed in all 50 States and can handle all Surety Bonds.
Program: Our agency currently has several specialty programs that can help you place your $150,000 Maryland Money Transmission Bond.
Maryland Money Transmission bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25% .
Always check with the State Of Maryland "Obligee" for details
Our application process for a $150,000 Money Transmission bond is easy. You can either apply online or fill out a pdf application at your leisure.
The Maryland Money Transmission Bond amount is currently set at $150,000.
Obligee InformationAn obligee is the entity that is requiring you to have the Money Transmission bond.
Obligee address:Obligee: State Of Maryland Street: State: Zip:
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