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Wisconsin Seller of Checks Bond

Wisconsin Seller of Checks Bond

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Who Requires the Seller of Checks Bond and Why Is It Needed?

A Seller of Checks Bond is a type of surety bond required by the Wisconsin Department of Financial Institutions for those license under Chapter 217, Wisconsin Statutes. ThisSeller of Checks Bond ensures compliance with the provisions of Chapter 217, Wisconsin Statutes and all lawful orders, rules and regulations. The surety bond also guarantees payments to anyone having a cause of action against the principal for failure to pay any check, draft, money order, personal money order, or other instrument for the transmission of money for which the principal or his agent or agents shall have issued pursuant to the provisions of Chapter 217, Wis. Stats. Lastly, this surety bond guarantees and payment of any examination or liquidation costs incurred by the Department of Financial Institutions under the provisions of state laws.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Wisconsin Seller of Checks Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.




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