Kansas money transmitter bonds.
From $2,000.
Kansas licenses money transmitters through the Office of the State Bank Commissioner. K.S.A. 9-587 requires a licensee to maintain a surety bond of the greater of $200,000 or 100% of its average daily Kansas money transmission liability, up to $1,000,000. The premium is 1% of the bond amount.
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How much does a Kansas money transmitter bond cost?
1% of the bond amount, from $2,000 at the $200,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
The money transmitter bond is a standard NMLS electronic surety bond. Here is the entire process:
Apply online
Business details, your bond amount, an effective date, and a term. One soft credit pull, never a hard inquiry, and it never affects your score.
Pay & e-sign
This bond is rate-priced at 1% of the bond amount, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File through NMLS
Kansas takes this bond as an electronic surety bond through NMLS. Your executed bond is delivered ready to associate with your license record, and we coordinate the ESB filing with the carrier.
What it is and who needs it.
What the bond actually guarantees
Kansas adopted the Kansas Money Transmission Act (K.S.A. 9-555 et seq.), effective January 1, 2025, replacing its prior transmitter statutes. Under K.S.A. 9-587, an applicant and licensee must maintain security — a surety bond in a form satisfactory to the commissioner — of the greater of $200,000 or 100% of average daily Kansas money transmission liability over the most recent three-month period, capped at $1,000,000; a licensee whose tangible net worth exceeds 10% of total assets may maintain $200,000.
It's a three-party arrangement: you (the principal), the surety carrier, and the Office of the State Bank Commissioner (the obligee). The bond stands behind your money transmission obligations — the funds Kansas customers hand you to move — and your compliance with the act's licensing, net-worth, and permissible-investment rules.
It is not insurance for you — if the surety pays a claim, you repay the surety. With the commissioner's approval a deposit may substitute for the bond, and a licensee holding the $1,000,000 maximum is excused from recalculating its average daily liability; the bond must stay continuously on file, and we 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. Kansas takes this bond as an electronic surety bond through NMLS. Your executed bond is delivered ready to associate with your license record, and we coordinate the ESB filing with the carrier.
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 Kansas bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Get your transmission license bonded today.
1% of the bond amount, issued the moment you pay. Soft pull only, free until issued.