Minnesota Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $100,000- $500,000 | $1,000- $5,000 | NMLS |
Summary of Requirement
Minnesota requires a surety bond ranging from $100,000 to $500,000.
Regulator Information
Minnesota Department of Commerce
Phone: 651-539-1570
Email: NonDepositoryInstitutions.Commerce@state.mn.us
Website: https://mn.gov/commerce/licensing/list/financial-institutions/money-transmission/