Utah Money Transmitter Bond – Apply Now!

Obtain the $50,000 minimum surety bond required
for your Utah money transmitter license.

Filed electronically through NMLS as your
Electronic Surety Bond.

Renewal Deadline:
December 31, 2026

Bond Amount

$50,000 minimum

Bond Term

One Year

Renewal

Deadline: December 31, 2026

Who Needs It

Utah-licensed money transmitters, filing through NMLS

What Is a Utah Money Transmitter Bond?

The Utah Money Transmitter Bond is a $50,000 minimum surety bond required by the Utah Department of Financial Institutions for businesses licensed to sell or issue payment instruments, or receive money for transmission in the U.S. or abroad. It guarantees the licensee’s compliance with the Money Transmitter Act and protects Utah consumers whose funds pass through a licensed money transmitter. This bond is also known as an NMLS Money Transmitter Bond, Utah Money Services Business Bond, or Utah Money Transmitter License Bond, and is filed electronically through NMLS as an Electronic Surety Bond (ESB).

Who Needs the Bond?

Any business applying for or renewing a Utah money transmitter license must obtain this $50,000 minimum surety bond and maintain it for as long as the license remains active — along with a separate minimum audited net worth requirement.

Why Is the Bond Required?

This bond protects Utah consumers whose funds pass through a licensed money transmitter, and it gives the Department of Financial Institutions a funded recourse if it needs to investigate or take action against a licensee.

How Much Does the Bond Cost?

The cost of a Utah Money Transmitter Bond is a small percentage of the bond amount and depends on several underwriting factors, including:

  • Personal credit history
  • Business experience and financials
  • Home ownership
  • Net worth

Ready to Obtain Your Bond?

Our streamlined process makes it easy
to get the bond you need.

Other Utah Bonds We Offer

Licensing Compliance

Ensures money transmitters meet Utah Department of Financial Institutions licensing requirements and operate legally.

Consumer Protection

Provides financial protection for Utah consumers against losses tied to a licensee’s non-compliance.

Financial Accountability

Promotes honest business practices and compliance with Utah’s Money Transmitter Act.

How to Get Your Bond

Apply

Complete the online application for the Utah Money Transmitter Bond in just a few minutes.

Underwriting Review

Our team reviews your application and reaches out if anything more is needed.

Approve & Pay

Once approved, we’ll send your premium and payment instructions.

Bond Filed

We file your completed bond electronically through NMLS as your Electronic Surety Bond (ESB).

Utah Money Transmitter Bond Renewal Deadline: December 31, 2026
Want the full requirements, renewal details, and FAQ?
Read our complete guide to the Utah Money Transmitter Bond.

Why Choose American Surety Bonds Agency?

Specialized Expertise

We specialize in surety bonds for money services businesses and understand Utah’s NMLS-based licensing requirements.

Fast & Reliable Service

Our efficient process helps you get your bond quickly so you can stay on track with your license.

Responsive Support

Our team is here to answer your questions and guide you every step of the way.

Trusted Nationwide

Money transmitters across the country trust American Surety for dependable service and expert support.