KS money transmitter bonds.
1% rate. $100 minimum.
Kansas licenses money transmitters through the Office of the State Bank Commissioner under the Kansas Money Transmission Act. K.S.A. 9-587 requires a licensee to maintain security — a surety bond of the greater of $200,000 or 100% of its average daily Kansas money transmission liability, up to $1,000,000 — filed through NMLS. 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.
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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. Any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is rate-priced at 1% of the bond amount ($100 minimum), 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
One application, issued instantly.
These are the actual issuing fields — business details, your bond amount, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Kansas bonds.
Get your transmission license bonded today.
1% of the bond amount, $100 minimum, issued the moment you pay. Soft pull only, free until issued.