877-654-2327 All New Surety Bonds

877-930-8127 - Renewals Department
Surety1 was Founded in 2003.  Low-Cost Bond Provider.  Over 150,000 Happy Customers and Counting!   Find Your Bond >

Surety Bond for Money Transmitter Saves Consumers

Many states require that companies engaged in money transmitter business post a surety bond as part of the licensing process. Money transmitters are companies that offer services such as sending money to other countries. North Carolina has one of the highest surety bond requirements which will serve the public well.

The North Carolina Money Transmitter Surety Bond can be as high as $250,000.00. According to the Winston-Salem Journal, Global Money Remittance, Inc. has been ordered to cease accepting money from North Carolina consumers because of complaints that Global had failed to transmit customer funds.  Furthermore, over $70,000 in unprocessed transactions have already been identified; the customers will be informed by the North Carolina Commissioner of Banks on how to make a claim on the $250k surety bond.

Surety bonds are a great way to protect consumers and tax payers from business failures. The pre-qualification process of the surety companies and financial backing of the companies provide an invaluable service.

Apply to Get Your Surety Bond Now

Get started with the bond application process today.

Most bonds are fully processed within 1-2 business days. In some cases, you'll hear back from Surety1 within hours!

Leave a Reply

Your email address will not be published. Required fields are marked *

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