The State of Alaska, Department of Commerce, Community, and Economic Development requires this surety bond to be in the amount of $25,000, plus an additional $5,000 for each location (not exceeding a total addition of $125,000), under Alaska Statute section 06.55.104. This bond ensures the faithful performance of the money transmitter in accordance with the Uniform Money Services Act (AS 06.55). To determine the cost of this bond, simply complete our easy online application.
To Secure an Alaska Money Transmitter Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.