Georgia money transmitter bonds.
From $1,000.
Georgia requires every licensed money transmitter to maintain a surety bond under O.C.G.A. § 7-1-683.2, starting at $100,000 and scaled by the Department of Banking and Finance to your average daily money transmission liability, up to $2,000,000. The premium is 1% of the bond amount.
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How much does a Georgia money transmitter bond cost?
1% of the bond amount, from $1,000 at the $100,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue — enter your amount, pay, and file through NMLS. Here is the whole thing:
Apply online
Business details, the bond amount your license requires, an effective date, and a term. That is the application — any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
Pricing is checkout-rated at 1% of the bond amount, 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 is delivered ready to associate with your Georgia license record via NMLS electronic surety bond tracking, satisfying the Department of Banking and Finance.
What it is and who needs it.
What the bond actually guarantees
Georgia licenses money transmitters through the Department of Banking and Finance, and O.C.G.A. § 7-1-683.2 requires each licensee to maintain a corporate surety bond of at least $100,000 — with the required amount scaled to the licensee's average daily money transmission liability and capped at $2,000,000. If your calculated liability outgrows the bond by more than 10% in a quarter, the statute requires you to add coverage promptly.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Georgia (the obligee). The bond protects Georgia consumers whose money you hold in transit — if a transmitter fails to complete transmissions or otherwise violates the licensing article, claimants can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond is continuous, tracked electronically through NMLS, and cancellation takes effect only after notice to the Department — so keep it in force as long as you hold the license. 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 is delivered ready to associate with your Georgia license record via NMLS electronic surety bond tracking, satisfying the Department of Banking and Finance.
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.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual issuing fields — business details, your bond amount, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Georgia 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, issued the moment you pay. Free until issued.