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Currency Exchange
The State of Minnesota requires all businesses engaged in the activity of currency exchange and/or check cashing to post a $10,000 surety bond.
Regulating Department Contact:
Robin Brown, Financial Exams
Minnesota Department of Commerce
85 7th Place East Suite 500
St. Paul, MN 55101
(651) 282-9855
Statutes:
Minnesota Statutes 53A
Rules:
Minnesota Rules 2872.0100
Underwriting Requirements:
- Apply for bond HERE
- Business financial statement
- Personal financial statement
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