South Dakota Money Transmitter Bond
Bond Range and Estimated Premiums
| Bond Amount Range | Estimated Premium (1.5%- 3%) | Source |
| $100,000- $500,000 | $1,500- $15,000 | NMLS |
Summary of Requirement
South Dakota requires a surety bond ranging from $100,000 to $500,000.
Regulator Information
South Dakota Department of Labor & Regulation, Division of Banking
Phone: (605) 773-3421
Email: banking@state.sd.us
Website: https://dlr.sd.gov/banking/money_transmitters/default.aspx