The Wisconsin Community Currency Exchange Bond is required by the State of Wisconsin, Department of Financial Institutions. The bond states that the bondholder shall comply with the provisions of Section 218.05 of the Wisconsin Statues. In addition, they shall comply with all lawful orders, rules and regulations in effect. Five Thousand dollars ($5,000) is the bond amount, per proposed location. 

Who needs a Wisconsin Community Currency Exchange Bond?

Community currency exchange is defined as any person engaged in the business of and providing facilities for cashing checks. As well as, drafts, money orders and all other evidence of money acceptable to  currency exchange. This is done for a fee, service charge or other consideration. 

Individuals must be licensed with the State. The Community Currency Exchange bond is one of the licensing requirements.Wisconsin Community Currency Exchange Bond

What are other licensing requirements? 

  • Completed Community Currency Exchange application 
  • Financial statements
  • Insurance Policy 
  • Payment for Fees 
  • Certificate of Good Standing, if applicable
  • Criminal history report 
  • Officer resumes 
  • Business plan 
  • Floor plan diagram

How do I obtain a Wisconsin Community Currency Exchange Bond?

First, start the process by completing our easy to navigate, free online application form. Then, after your application has been submitted, one of our surety agents will contact you with a no-obligation quote on the bond premium. After that, once you are ready to move forward, you just need to pay the premium and sign the agreement. Lastly, your bond will be mailed to you by USPS Priority Mail. Overnight delivery is also available for an additional fee.

At Surety1 you can be assured of the lowest rates as we have partnered with over a dozen A-rated surety markets. We have friendly agents who are willing to answer all your queries and give you only the best service.

Surety1 has been in the business since 2003. We are licensed in all 50 states and our services have earned an A+ rating from the Better Business Bureau.




How to Get Your Wisconsin Currency Exchange Bond

  1. Complete an online application. It’s free and no-obligation.
  2. One of our surety experts will contact you with a firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, and then you will receive your Surety Bond!

If you have any questions, please call us at 877-654-2327.

How to Get Bonded

1. Apply Online
Using our Free & Secure Application
2. Get Your Free Quote
Applications are No-Obligation
3. Get Your Bond
Most Bonds are Approved in 1-2 Business Days

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

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