Alaska money transmitter bonds.
From $100.
Alaska's money transmission license requires security before it issues: a surety bond of $25,000 plus $5,000 for each location (the location add-on caps at $125,000) under AS 06.55.104, payable to the state for the benefit of claimants. The premium is 1% of the bond amount, $100 minimum.
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How much does an Alaska money transmitter bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No quote round-trip — enter your amount, pay, and the executed bond delivers through NMLS. Here is the whole thing:
Apply online
Your business details, the bond amount your NMLS checklist requires, and an effective date — that is the application. No credit check up to $25,000.
Pay & e-sign
The premium is 1% of the bond amount, $100 minimum — priced at checkout, so the bond issues the moment you pay. Your executed bond and power of attorney generate on the spot.
File through NMLS
The executed bond delivers on the NMLS electronic surety bond track to the Alaska Division of Banking and Securities. Wet-ink original mailed whenever the state insists.
What it is and who needs it.
What the money transmitter bond covers
Alaska licenses money transmission — sending money, selling payment instruments, and related money services — through the Division of Banking and Securities under AS 06.55. Before a license issues, AS 06.55.104 requires security: a surety bond of $25,000 plus $5,000 for each location, with the per-location addition capped at $125,000.
The bond is payable to the state for the benefit of a claimant against the licensee — it secures the faithful performance of your money transmission obligations to the people whose money you move. Alaska files the bond electronically through NMLS against your company record.
It is not insurance for you — if the surety pays a claim, you repay the surety. The security must remain in place for as long as the department specifies, so the bond stays continuously on file; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File through NMLS. The executed bond delivers on the NMLS electronic surety bond track to the Alaska Division of Banking and Securities. Wet-ink original mailed whenever the state insists.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
Submit the application with the bond amount your NMLS checklist requires — the executed bond is generated the moment you pay, ready to file.
Start the application →Common questions.
Other Alaska bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Money transmitter bond, issued today.
1% of the bond amount, $100 minimum, with your exact price at the application. Enter your required amount and file the same day.