OH money transmitter bonds.
From $100. Enter your amount.
Ohio licenses money transmitters under ORC Chapter 1315, and ORC 1315.07 requires every licensee to provide and maintain a security device — a surety bond is one of the permitted forms — running to the Superintendent of Financial Institutions for the benefit of claimants. The Superintendent sets the amount: not less than $300,000 and not more than $2,000,000. 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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Apply to filed in one sitting.
No quote round-trip on the money transmitter bond — enter your amount, pay, and file with the Division. Here is the whole thing:
Apply online
Business details, ownership, the security-device amount the Superintendent set, and an effective date. Any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
The premium is 1% of the bond amount, $100 minimum — your exact price appears before you pay, and the bond issues the moment you do.
File with the Division
Your executed bond arrives by email, ready to upload to NMLS or file with the Ohio Division of Financial Institutions. Wet-ink original mailed on request.
What it is and who needs it.
What the security device covers
Ohio regulates money transmission under ORC Chapter 1315. A licensee that receives money for transmission, sells Ohio instruments, or otherwise transmits money in the state must hold a license from the Superintendent of Financial Institutions, and ORC 1315.07 requires it to provide and maintain a security device as a condition of that license.
A surety bond is one of the permitted forms — the statute also allows pledges of cash or approved securities and other devices the Superintendent approves. Whatever form you use, it runs to the Superintendent for the benefit of any claimants against the licensee, in the amount the Superintendent finds appropriate: not less than $300,000 and not more than $2,000,000, except in connection with a supervisory action.
It is not insurance for you — if the surety pays a claim, you repay the surety. Confirm your required amount on your Division correspondence or your NMLS record before you apply; we issue on the amount you enter, and we send renewal notices 60 and 30 days out.
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One application, issued instantly.
These are the actual issuing fields — business details, ownership, the amount the Superintendent set, and an effective date.
Start the application →Common questions.
Other Ohio bonds.
Money transmitter bond, issued today.
1% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.