NC alien agency expense bonds.
$200 flat.
A collection agency organized outside the United States — an alien corporation in North Carolina's terms — files the nonresident examination-expense bond of G.S. 58-70-20(c) at double the ordinary figure, because G.S. 58-70-5(a)(5) doubles the bond requirements for alien corporations. That makes it a $20,000 bond in favor of the Department of Insurance. Ours is $200 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
Even at the doubled amount, this is one of the simplest filings in surety — the statute already picked the number. Here is the entire process:
Apply online
Business details, your NC license number and FEIN, an effective date, and a term. That is the entire application — no financials, and any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $200 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the Department of Insurance
Your executed bond arrives by email, ready to go in alongside your permit bond at the Commissioner of Insurance. Wet-ink original mailed on request.
What it is and who needs it.
Why the alien amount is doubled
North Carolina permits collection agencies through the Commissioner of Insurance under Article 70 of Chapter 58. A nonresident applicant files two bonds: the permit bond in favor of the State, and — under G.S. 58-70-20(c) — a bond in favor of the Department for the expenses of visiting and examining a nonresident agency in connection with a federal bankruptcy or State receivership proceeding in which the agency is the subject.
For an alien corporation — one organized under the laws of a country outside the United States — G.S. 58-70-5(a)(5) provides that the surety bond requirements shall be double the amount set by G.S. 58-70-20. That turns the $10,000 nonresident expense bond into a $20,000 filing. Chapter 58 also puts other conditions on alien agencies: they must be majority-controlled by a parent organized under United States law, and may service only accounts held by an affiliate or subsidiary of that same parent.
It is not insurance for you — if the Department recovers against the bond, you repay the surety. The bond runs on statutory permit dates and has to stay continuously on file; we track the term and 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 NC license number and FEIN, an effective date, and a term.
Start the application →Common questions.
Other North Carolina bonds.
File the alien agency bond today.
$200 flat, issued the moment you pay, soft pull only. Free until issued.