License Surety Bonds

Money Transmission/Check Seller Bonds

Since 2001, Scott Bond Services has worked with numerous Money Transmitters, Check Sellers, Stored Value Card Issuers and Currency Exchanges to satisfy their surety bond needs.

As technology has evolved in recent years, we’ve also developed bond programs for payments and money transmission in the online and mobile arena. Our outstanding service and attractive pricing have made us an industry leader nationwide.

Plogo_NMTAricing varies based on the experience, credit and financial condition of the client, but annual costs are typically less than 1.5% of the bond amount with preferred pricing extending to 1% or less. Substantial discounts can often be offered when bonds are prepaid in three-year terms.

We’ve been supporting members of the National Money Transmitters Association (NMTA) since 2001 and we’ve been long time attendees at industry events such as International Money Transfer Conferences (IMTC) and Money Transmitter Regulators Association conferences (MTRA).

Get Started

Download the application you need and open in Adobe Acrobat to complete.

Fax the below required underwriting items to 434-455-8819 or email to jcarson@scottins.com

  • Completed application
  • A brief description of how funds flow from sender to recipient
  • Latest FYE CPA audited financial statement
  • Resumes and personal financial statements on the business owners

Submit your completed application with the items outlined below to Joanna Carson via fax (434.455.8819) or e-mail jcarson@scottins.com.