Those engaged as Texas Currency Exchangers or other money services are required under the Texas Finance Code section 151.308 to file a Texas Money Services Bond as a condition of licensure.
Bonds Express offers a Texas Money Services 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 Texas Money Services Bond holds you accountable for your business decisions.
By possessing a Texas Money Services Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.