WA money transmitter bonds.
From $100. Enter your amount.
Washington licenses money transmitters under the Uniform Money Services Act (chapter 19.230 RCW), and RCW 19.230.050 requires a surety bond running to the State as security — filed with the Department of Financial Institutions through NMLS. The statutory range runs from $10,000 to $550,000. The premium is 1% of the bond amount, $100 minimum, 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.
No quote round-trip on the money transmitter bond — enter your amount, pay, and upload to NMLS. Here is the whole thing:
Apply online
Company details, the bond amount DFI set, an effective date, and a term. Any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
Your exact price appears before you pay — 1% of the bond amount, $100 minimum — and the executed bond and power of attorney generate the moment you pay.
File through NMLS
Your executed bond arrives by email, ready to upload to your NMLS record and satisfy the DFI Division of Consumer Services. Wet-ink original mailed on request.
What it is and who needs it.
What the money transmitter bond secures
Washington licenses money transmitters — and currency exchangers — under the Uniform Money Services Act, chapter 19.230 RCW, administered by the Department of Financial Institutions, Division of Consumer Services, with applications filed through NMLS. RCW 19.230.050 requires the licensee to provide security in the form of a surety bond.
The bond runs to the state of Washington as obligee and to the benefit of the state and of any person who suffers loss because the licensee — or one of its authorized delegates — violates the chapter. That is the practical reach of it: the money your customers hand over for transmission, and the conduct of the agents transmitting on your license.
The statute sets the range at a minimum of $10,000 and a ceiling of $550,000, which the director may raise as high as $1,000,000 based on the licensee's business activities, financial condition, and other criteria. It is not insurance for you — if the surety pays a claim, you repay the surety. 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 — company details, the bond amount, an effective date, and a term.
Start the application →Common questions.
Other Washington bonds.
Post your money transmitter security today.
1% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.