If you are engaged in the operation of a currency exchange in Minnesota you are required under section 53A.02 to 53A.13 of the Minnesota Statutes to file a Minnesota Currency Exchange License Bond as a condition of licensure.
Bonds Express offers a Minnesota Currency Exchange License Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Minnesota Currency Exchange License Bond holds you accountable for your business decisions.
By possessing a Minnesota Currency Exchange License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.