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Money transmitter license cost in Texas

A Texas money transmission license application fee is $10,000, paid in NMLS, and NMLS adds a $120 company processing fee to file. The Texas Department of Banking states the $10,000 filing fee is non-refundable, and 7 Texas Administrative Code § 33.27 states it is nonrefundable once the application is accepted for processing. The surety bond under Texas Finance Code § 152.352 is $100,000 up to a $500,000 maximum, and tangible net worth under § 152.351 starts at the greater of $100,000 or 3 percent of total assets.

By LicenseStore

Updated October 22, 2026

LicenseStore publishes cited government and NMLS fees for ARM, lending, money transmitter, and mortgage company licenses. Each amount comes from a state regulator, a statute, or the NMLS chart. The service quote opens at Cornerstone Licensing. Editorial policy.

National table: money transmitter license fees and money transmitter license cost. This page is the Texas receipt.

How much does a money transmitter license cost in Texas?

The application fee, surety bond, and tangible net worth below are the figures in the Texas Finance Code and on the Texas Department of Banking site. NMLS processing and the on-site investigation rate are separate lines.

Texas money transmission license application fee, surety bond, and tangible net worth. Each figure is the amount on the cited page.
Requirement Amount Source
Application fee $10,000, paid in NMLS. The Texas Department of Banking states the filing fee is non-refundable. 7 Texas Administrative Code § 33.27 states the fee is nonrefundable if the application is accepted for processing under Texas Finance Code § 152.106. Texas Department of Banking, Notice to Applicants
NMLS company processing $120 initial set-up and $120 annual processing, per agency, per license, for a company Form MU1 filing. NMLS Processing Fees
On-site investigation $120 per hour for each department examiner, plus associated travel expenses, when the commissioner requires an on-site investigation. 7 Texas Administrative Code § 33.27(d)(1)(A)
Surety bond If tangible net worth is not greater than 10 percent of total assets: the greater of $100,000 or 100 percent of average daily money transmission liability in Texas for the most recently completed three-month period, up to $500,000. If tangible net worth is greater than 10 percent of total assets: $100,000. With the commissioner's approval, a deposit may be maintained in lieu of a bond. Texas Finance Code § 152.352
Tangible net worth If total assets are not greater than $100 million: the greater of $100,000 or 3 percent of total assets. If total assets are greater than $100 million and not greater than $1 billion: $3 million plus 2 percent of assets above $100 million. If total assets are greater than $1 billion: $21 million plus 0.5 percent of assets above $1 billion. Texas Finance Code § 152.351

Annual assessment

A money transmission licensee pays an annual assessment under 7 Texas Administrative Code § 33.27(e). The Texas Department of Banking published this schedule for fiscal year 2027, effective September 1, 2026. The assessment follows total annual Texas money transmission transaction volume.

Annual assessment for Texas money transmission license holders, effective September 1, 2026. The schedule is 7 Texas Administrative Code § 33.27(e)(2), as published by the Texas Department of Banking for fiscal year 2027.
Annual Texas transaction volume Assessment
Not over $249,999.99 $4,770.00
Over $250,000.00 to $499,999.99 $4,824.00 plus the amount over $250,000 multiplied by .002616
Over $500,000.00 to $999,999.99 $5,566.00 plus the amount over $500,000 multiplied by .001948
Over $1,000,000.00 to $9,999,999.99 $6,626.00 plus the amount over $1 million multiplied by .00012191
Over $10,000,000.00 to $24,999,999.99 $7,951.00 plus the amount over $10 million multiplied by .00009296
Over $25,000,000.00 to $49,999,999.99 $9,542.00 plus the amount over $25 million multiplied by .00007792
Over $50,000,000.00 to $199,999,999.99 $11,397.00 plus the amount over $50 million multiplied by .00001653
Over $200,000,000.00 $13,782.00 plus the amount over $200 million multiplied by .00001669, and not more than $63,610.00

If the calculated assessment is greater than $63,610, the annual assessment is $63,610. That cap is on the Department of Banking schedule.

LicenseStore.com cost receipt

Money transmitter license Texas

Government fees retrieved 29 August 2026

  1. Money transmission license, application fee (paid in NMLS) Texas Department of Banking Notice to Applicants and General Application Requirements 1 $10,000.00
  2. Currency exchange license, application fee Texas Department of Banking Notice to Applicants 2 $5,000.00
Cited lines, separate cases Itemized
  1. Texas Department of Banking. Retrieved 29 August 2026. Source entry
  2. Texas Department of Banking. Retrieved 29 August 2026. Source entry

2 numeric cited lines.

How to read this receipt

Each government line is one fee this file can cite. The numbered marker opens its source. The lines are separate components, and the green stub is the Cornerstone Licensing service quote.

The regulator named on this page publishes whether Texas requires the license for a given activity.

What the cited lines cover
  • Money transmission license, application fee (paid in NMLS). Texas Department of Banking Notice to Applicants and General Application Requirements
  • Currency exchange license, application fee. Texas Department of Banking Notice to Applicants
NMLS and federal fees when you file that way

Nationwide fees

Nationwide fees. Each amount is the figure on the cited page.
Published fee When it applies Source Amount
NMLS company initial set-up / application processing per agency / per license Each new or transitioned company license filed through NMLS (Form MU1). Nationwide Multistate Licensing System (CSBS / SRR) $120.00
NMLS company annual processing per agency / per license Each annual renewal request filed through NMLS. Nationwide Multistate Licensing System (CSBS / SRR) $120.00
NMLS branch initial set-up / application processing per agency / per license Each new or transitioned branch license filed through NMLS (Form MU3). Nationwide Multistate Licensing System (CSBS / SRR) $25.00
NMLS branch annual processing per agency / per license Each annual branch renewal request filed through NMLS. Nationwide Multistate Licensing System (CSBS / SRR) $25.00
NMLS individual initial set-up / application processing per agency / per license Each new or transitioned individual license filed through NMLS (Form MU4). Nationwide Multistate Licensing System (CSBS / SRR) $35.00
NMLS individual annual processing per agency / per license Each annual individual renewal request filed through NMLS. Nationwide Multistate Licensing System (CSBS / SRR) $35.00
NMLS criminal background check per request Livescan or print-card capture. Charged once per filing regardless of how many licenses are in that filing. Print cards add a $10 card packet fee. Nationwide Multistate Licensing System (CSBS / SRR) $36.25
NMLS credit report per request Charged when NMLS does not already have a credit report less than 30 days old. Single charge per filing. Nationwide Multistate Licensing System (CSBS / SRR) $15.00
NMLS credit-card service fee per card transaction Visa or Mastercard payments through NMLS. ACH has no added service fee. Nationwide Multistate Licensing System (CSBS / SRR) 2.5% of the card charge
Uniform Authorized Agent Reporting processing per licensee / year Assessed at renewal on the agent count as of August 16. Licensees with 100 or fewer active agents pay no UAAR processing fee. Nationwide Multistate Licensing System (CSBS / SRR) $0.25 per active agent after the first 100; $25,000 annual cap
FinCEN MSB registration (FinCEN Form 107) federal registration FinCEN states there is no cost for MSB registration. Registration is not a state license. Financial Crimes Enforcement Network $0
Official agencies

Confirm the current license name, NMLS participation, and any unpublished state fee on the NMLS License Requirements and Fees Chart.

Doing it yourself

Filing yourself removes the service charge. The government fees stay the same. DIY or a service

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Other Texas cost pages

The other license families in Texas each have their own cited receipt.

All Money transmitters states / All cost hubs / Sources

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Cornerstone Licensing quotes the service charge for this filing. The table records published price-list status, scope, and track record.

Government fees are set by the regulator and apply on every path. Cornerstone figures are as published on cornerstonelicensing.com. Service prices are quotes.
Path Public price list for these licenses Published scope Published figures Next step
DIY No service fee. You pay government and NMLS fees directly. You file with the state agency or NMLS yourself. Not a vendor. Read the DIY stack
LegalZoom Publishes formation and some general-business prices. No public price list for ARM, lending, money-transmitter, or mortgage company licenses. Public site focuses on entity formation, trademarks, and general legal documents. Public company. See investor materials for corporate history. See the full table
Harbor Compliance No public per-state price list for these four financial-license families. Public site markets multi-state licensing and registered-agent services. Not restated here. Use the provider’s own published figures. See the full table
Cornerstone Licensing No public price list. Quote only. Public site lists multi-state licensing, surety bonds, insurance, registered agent, and Atlas tracking for financial-services firms. 28 years, 525,000+ filings, 99.995% on-time filing rate, as published on cornerstonelicensing.com. Get a quote
cornerstonelicensing.com

Service-dollar ranges are omitted on purpose. If a firm does not publish a price, LicenseStore will not invent one. See sources.

Texas money transmitter license cost

Updated October 22, 2026. The answer uses the Texas Department of Banking, Texas Finance Code Chapter 152, and 7 Texas Administrative Code § 33.27.

How much does a money transmitter license cost in Texas?
The Texas money transmission license application fee is $10,000, paid in NMLS. The Texas Department of Banking states that the filing fee is non-refundable. 7 Texas Administrative Code § 33.27 states the fee is nonrefundable if the application is accepted for processing under Texas Finance Code § 152.106. When the commissioner requires an on-site investigation, the investigation fee is $120 per hour for each department examiner, plus travel expenses. NMLS company processing is $120 to file Form MU1 and $120 each year, per agency, per license. The surety bond under Texas Finance Code § 152.352 is $100,000 when tangible net worth is greater than 10 percent of total assets. Otherwise it is the greater of $100,000 or 100 percent of average daily Texas money transmission liability for the most recently completed three-month period, up to $500,000. Tangible net worth under Texas Finance Code § 152.351 is the greater of $100,000 or 3 percent of total assets when total assets are not greater than $100 million. Above that, the statute uses $3 million plus 2 percent of assets above $100 million through $1 billion, then $21 million plus 0.5 percent of assets above $1 billion. The fiscal year 2027 annual assessment starts at $4,770 and is capped at $63,610.

LicenseStore publishes cited government and NMLS fees for ARM, lending, money transmitter, and mortgage company licenses. Each amount comes from a state regulator, a statute, or the NMLS chart.

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LicenseStore.com prices the government fees. Cornerstone Licensing quotes the service charge for ARM, lending, money transmitter and mortgage licenses.

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