Massachusetts Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $500,000- $1,000,000 | $5,000- $10,000 | NMLS |
Summary of Requirement
Massachusetts mandates a surety bond between $500,000 and $1,000,000 based on annual volume.
Regulator Information
Phone: (617) 956-1500
Website: https://www.mass.gov/how-to/apply-for-a-money-transmitter-license