Who needs the Card Agent Bond?
In the State of Pennsylvania, the card agent service shall file and maintain with the Department a bond in the amount of $3,000 for each approved card agent service. The bonds shall be executed by a surety company authorized by law to transact business in this Commonwealth and shall state that it is for the use and benefit of the Commonwealth and person who have sustained a monetary loss within the limitations of this bond attributable to the intentional or negligent conduct of the agent service or employees, including, losses incurred in negotiating checks or other instruments drawn by the agent service.
What is the Card Agent Bond?
The Card Agent Bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your process server bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions.
To learn more about the requirements and regulations to be a card agent, click here.
Get bonded within one business day!
Only Ashton Agency can provide you with:
Many companies write card agent bonds, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the industry. We've been helping people get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 451-4854 for an application. All you need to do is mail, fax, or email it to us with your payment, and we’ll mail the bond to you the same day. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don’t have time to speak on the phone? Please fill out our easy online application and fax to (407) 678-2468. We can either call you to process a credit card payment or process a bank draft with a faxed check. We can get you started right away!