This surety bond is required by the State of Illinois Department of Financial Institutions under the Illinois Transmitters of Money Act (205 ILCS 657/30). The bond states that you will have to follow the provisions of the Transmitters of Money Act when selling or issuing payment instruments, transmitting money or exchanging, for compensation, payment instruments or money of the United States government. The required bond amount varies, but regardless of the amount your bond needs, Surety1 can provide it quickly and at the most competitive price.
To Acquire an Illinois Transmitters of Money Act Licensee 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.