Maryland Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $150,000- $500,000 | $1,500- $5,000 | NMLS |
Summary of Requirement
Maryland requires a surety bond ranging from $150,000 to $500,000 for money transmitter licenses.
Regulator Information
Maryland Office of Financial Regulation
Phone: (410) 230-6155
Email: FinReg.Licensing@maryland.gov
Website: https://www.labor.maryland.gov/finance/industry/moneytran.shtml