Money Transmitter Surety Bond

A Money Transmitter Surety Bond is a license and permit bond required by certain government jurisdictions. A Money Transmitter is a business that engages in receiving money from one consumer or business and transmitting it to another consumer or business both within and outside the U.S. The method of transmission is includes electronic transfers, wire transfers, and payment instruments like traveler’s checks.

These are also known as Check Seller Surety Bonds.