Kansas Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $200,000- $1,000,000 | $2,000- $10,000 | State Commissioner |
Businesses engaging in regulated money transmission in Kansas generally must obtain the applicable license unless an exemption applies. The required security supports compliance with the Kansas Money Transmission Act and provides financial protection for covered obligations.
Cost of the Kansas Money Transmitter Bond
The annual premium for a Kansas Money Transmitter Bond is estimated at 1.5%–3% of the required bond amount. With bond amounts ranging from $200,000 to $1,000,000, estimated annual premiums range from approximately $2,000 to $10,000. Complete the quote form to begin the required bonding process.
How the Kansas Money Transmitter Bond Works
The Kansas Money Transmitter Bond provides security in connection with the licensee's obligations under the Kansas Money Transmission Act. The required amount depends on average daily Kansas money transmission liability, subject to the statutory minimum and maximum.
Principal: Kansas money transmitter applicant/licensee
Obligee: Kansas Office of the State Bank Commissioner
Surety: Authorized surety company
Learn more about the surety bond claim process.
How to Get the Kansas Money Transmitter Bond
1. Determine the required security amount under the Kansas statutory calculation.
2. Complete the quote form to begin the required bonding process.
3. Pay the applicable bond premium.
4. Complete the required bond filing for the Kansas money transmission license.
5. Maintain the required security while licensed.
Learn more about Kansas surety bond options available through NNA Surety.
Get Your Kansas Money Transmitter Bond
For assistance with your Kansas Money Transmitter Bond, call 855-215-2160 to speak with NNA Surety.