Oregon money transmitter bonds.
From $100.
Oregon licenses money transmitters under ORS chapter 717, and ORS 717.225 makes a security device part of the license application: $25,000 at the base, plus $5,000 per location, capped at $150,000. The premium is 1% of the bond amount, $100 minimum.
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How much does an Oregon money transmitter bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for a standard money transmitter security device — enter your amount, pay, and upload through NMLS. Here is the whole thing:
Apply online
Company details, the bond amount your location count calls for, an effective date, and a term. That is the application. No credit check up to $25,000.
Pay & e-sign
Your exact premium is on the page before you pay, so the bond issues the moment you pay — the executed bond and power of attorney generate on the spot.
File through NMLS
Your executed bond arrives by email and the carrier posts it as your electronic surety bond in NMLS, ready for the Division of Financial Regulation. Wet-ink original mailed on request.
What it is and who needs it.
What the security device covers
Oregon regulates money transmission under ORS chapter 717, administered by the Division of Financial Regulation. ORS 717.225 requires each license application to be accompanied by a security device — in practice a corporate surety bond — that runs to the State of Oregon for the benefit of any claimants against the licensee.
The device secures the faithful performance of the licensee's obligations in the receipt, handling, transmission and payment of money connected with selling or issuing payment instruments or transmitting money. The base amount is $25,000, rising $5,000 per location operating as a branch or authorized delegate for Oregon transactions, and the statute caps it at $150,000.
A licensee may instead deposit securities of an equal aggregate amount with the director or an approved institution, but a surety bond costs a fraction of tying up the cash. It is not insurance for you — if the surety pays a claim, you repay the surety, and the device has to stay in force for as long as the license does. 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. Your executed bond arrives by email and the carrier posts it as your electronic surety bond in NMLS, ready for the Division of Financial Regulation. Wet-ink original mailed on request.
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.
No credit check up to $25,000. Above that, the carrier may run a soft pull, which 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 — company details, the bond amount, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Oregon bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Money transmitter bond, filed today.
1% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.