Oregon Money Transmitter License Surety Bond
All Money Transmitters in the State of Oregon must post and maintain a $25,000.00 Money Transmitter License Surety Bond. Each additional location will require an additional bond $5,000.00 per additional location with a maximum aggregated bond amount of $150,000.00
Money transmission means the sale or issuance of payment instruments or engaging in the business of receiving money for transmission or transmitting money within the United States or to locations abroad by any and all means, including but not limited to payment instrument, wire facsimile, or electronic transfer.
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