Mississippi Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $25,000- $500,000 | $250- $5,000 | State Commissioner |
Summary of Requirement
Mississippi mandates a surety bond between $25,000 and $500,000 based on the number of locations that the applicant proposes to conduct money transmissions in the state.
Regulator Information
Mississippi Department of Banking & Consumer Finance
Phone: NMLS Call Center at 1-855-NMLS-123 (1-855-665-7123).
Website: https://dbcf.ms.gov/consumer-finance/