Money Transmitter

The State of Minnesota requires anyone who engages in the business of transmitting money to post a bond in the range of $25,000 to $250,000, bond to be set by the Commissioner of Commerce.

Regulating Department Contact:

Minnesota Department of Commerce
Financial Examinations
85 7^th Place East, Suite 500
St. Paul, MN 55101
(651) 282-9855

Statutes:

Minnesota Statutes 53B

Rules:

None

Underwriting Requirements: