AK money transmitter bonds.
From $100. Enter your amount.

Alaska's money transmission license under AS 06.55 requires security before the license 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, the bond issues the moment you pay, and any credit screen is a soft pull only — it never affects your score.

Required for an Alaska money transmission license under AS 06.55.104
Amount scales with your locations — $25,000 base plus $5,000 per location
1% of the bond amount, $100 minimum — exact price at the application
1% rate$100 minimumExactprice at the applicationSoft pullnever a hard inquiry
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No quote round-trip — enter your amount, pay, and the executed bond delivers through NMLS. Here is the whole thing:

NOW · ONLINE

Apply online

Your business details, the bond amount your NMLS checklist requires, and an effective date — that is the entire application, and any credit screen is a soft pull that never shows as a hard inquiry.

INSTANTLY

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.

SAME DAY

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.

About this bond

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.

AS 06.55.104Alaska Statute 06.55.104 requires a money transmission license applicant to provide a surety bond, letter of credit, or similar security of $25,000 plus $5,000 for each location, not exceeding a total addition of $125,000 — payable to the state for the benefit of claimants against the licensee. Confirm your exact required amount on your NMLS license checklist.

You need this bond if you're

Applying for an Alaska money transmission license — the security files with your NMLS application
Adding Alaska locations — the required amount grows $5,000 per location
Operating a money services business that sends funds for Alaska customers
Reinstating a license whose security lapsed

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 →
FAQ

Common questions.

How much is the Alaska money transmitter bond?The premium is 1% of the bond amount, $100 minimum. The bond amount itself is set by AS 06.55.104 — $25,000 plus $5,000 for each location, with the location add-on capped at $125,000 — so your exact price appears at the application, before you pay.
How is the bond amount set?By statute: $25,000 base plus $5,000 for each location where you provide money services, up to $125,000 in additions ($150,000 total). Your NMLS checklist states the number the Division of Banking and Securities expects.
Is there a credit check?If a credit screen runs on this bond, it is a soft pull only — never a hard inquiry, and it never affects your score. The rate stays 1% of the bond amount either way.
How fast will I have the bond?This bond is checkout-priced, so it issues the moment you pay — your e-signed bond and power of attorney arrive by email, delivered on the NMLS electronic surety bond track.
Who requires the bond, and where does it go?The Alaska Division of Banking and Securities, which administers money transmission licensing under AS 06.55. The bond files electronically through NMLS and must stay in place as long as the department specifies.
Related bonds

Other Alaska bonds.

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.

Your premiumfrom $100
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