New Mexico 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
New Mexico requires a surety bond ranging from $100,000 to $500,000.
Statutory References: Uniform Money Services Act § 58-32-201(A)(1-2) NMSA 1978 and § 58-32-102(Q) NMSA 1978.
Regulator Information
New Mexico Regulation & Licensing Department
Phone: (505) 476-4885
Website: https://www.rld.nm.gov/financial-institutions/who-we-regulate/money-services-businesses/