Surety Bond Vs. Cash Bond: What’s Better for You?
If you get arrested and need a bail bond, you have two options: a cash bond or a surety bond. What's the difference? The biggest difference between the two is that a cash bond transaction involves two parties while a surety bond transaction involves three parties. With a cash bond, the defendant will pay the entire bail amount in cash to the jail or court. When he or she shows up for his court hearing, he or she gets the money back, less any fees and charges charged by the court. On the other hand, when