Who requires it
New Hampshire Banking Department — Consumer Credit Division
License & permit · New Hampshire
New Hampshire Money Transmitter Bond
Money transmission licensees under RSA chapter 399-G must keep a bond—or an approved deposit—on file with the Banking Department. RSA 399-G:27 sets the amount at the greater of $100,000 or 100% of average daily New Hampshire money-transmission liability for the most recent three-month period, up to $500,000. A deposit the commissioner approves may replace the bond. If you already keep the $500,000 maximum, you do not have to recalculate the amount each quarter. The bond protects people harmed by chapter violations. The surety must give 30 days’ notice before canceling.
Common bond amount
$100,000–$500,000
Greater of $100,000 or 100% of average daily NH money-transmission liability (3-month period), capped at $500,000 (RSA 399-G:27).
How you file
File through NMLS; surety bond or commissioner-approved deposit
Renewal
Stay covered while licensed; 30-day cancellation notice
Who requires it
Applicants for and holders of New Hampshire money transmission licenses under RSA 399-G, filing through NMLS with the Banking Department.
How much is required
Compare $100,000 to 100% of average daily New Hampshire money-transmission liability for the latest completed three-month period, then take the greater amount, not exceeding $500,000. Licensees that already keep the maximum do not have to recalculate liability for this section. The commissioner may approve a deposit instead of a bond.
How to get and file it
Confirm the required amount under RSA 399-G:27, then have an authorized surety file a form the Banking Department accepts—typically through NMLS—or arrange a commissioner-approved deposit. Match the business name to the NMLS company record. Keep the bond or deposit in place while licensed. The surety must give the Banking Department 30 days’ written notice before canceling. If a claim is filed, file a replacement right away.
Cost note
The statutory amount is the required bond amount, not the premium you pay. See bond amount vs premium. Bond amount vs premium →
Requirement checklist
- Minimum
- $100,000
- Liability formula
- 100% of average daily New Hampshire money-transmission liability for the most recent completed 3-month period
- Maximum
- $500,000. If you keep this amount, you do not have to recalculate each quarter.
Official sources
Related resources
Frequently asked questions
When did the current New Hampshire money transmitter bond formula take effect?
RSA 399-G:27 as rewritten by 2024, 368:1 took effect October 22, 2024. Confirm any transition details for an existing license with the Banking Department and your NMLS checklist.
Can I post a deposit instead of a surety bond?
Yes, when the commissioner approves a deposit instead of a bond under RSA 399-G:27. The deposit must still meet the same amount rules as the surety.
Related New Hampshire bond guides
Mortgage Banker / Broker / Servicer Bond
$50,000 / $100,000 minimums
Mortgage bankers, brokers, and servicers licensed under RSA chapter 397-A must keep a bond on file with the Banking Department through NMLS while licensed. RSA 397-A:5 sets a $50,000 minimum for brokers and a $100,000 minimum for bankers and servicers. The Banking Department can require a higher amount so coverage matches the loans originated by the company’s mortgage loan originators. The surety must give 30 days’ written notice before canceling. If a claim is filed, file a replacement right away.
Debt Adjuster Bond
$25,000
Debt adjusters licensed under RSA chapter 399-D must post a $25,000 bond with the Banking Department. Licensing runs through NMLS. The surety must give 30 days’ written notice before canceling. If a claim is filed, file a replacement right away. Separately, RSA 399-G:3 lets some debt adjusters skip a money-transmitter license when they transmit funds only under a debt-adjustment contract and keep a $100,000 chapter 399-D bond on file—that higher amount is an exemption condition, not the ordinary licensing minimum.
Small Loan Lender Bond
$25,000
Companies that lend under New Hampshire’s small-loan, payday-loan, and title-loan rules must keep a $25,000 bond on file with the Banking Department. RSA 399-A:4 protects people harmed by chapter violations. Applications and renewals run through NMLS. The surety must give 30 days’ written notice before canceling. If a claim is filed, file a replacement right away.
Surety basics (not repeated here)
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
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Last verified 2026-08-12. This guide is based on verified educational content and official sources.
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