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Tennessee Money Transmitter Bond

Tennessee Money Transmitter Bond

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Who Requires the Money Transmitter Bond and Why Is It Needed?

A Money Transmitter Bond is a type of surety bond required for those making application to the Commissioner of Financial Institutions of the State of Tennessee. The surety bond is issued for the use and benefit of the State of Tennessee and any creditor for the purposes of covering any liability incurred in the transmission, receipt, handling, or payment of money on any check, money order, draft, or other instrument used for the transmission or payment of money issued by the licensee or its agents as set forth in the provisions of Tennessee Code Annotated (T.C.A) § 45-7-201 et seq. The surety bond also ensures compliance with all provisions of state laws and all rules and regulations set forth by the Commissioner of Financial Institutions.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Tennessee Money Transmitter 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.

List of Tennessee surety bonds.

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