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Bonds, Bonding

While every effort has been made to ensure the accuracy of the information contained in ASTA White Papers as of the date of their publication, please be advised that some content contained therein may be outdated or otherwise inaccurate at the present time. Accordingly, ASTA makes no representation regarding the timeliness of all of the information accessible here. Members having questions regarding the current state of a White Paper topic may wish to contact ASTA to obtain the most up-to-date information.

ARC Bonds & Letters of Credit — June 29, 2011
ARC requires all ARC-listed travel agents to maintain a bond or irrevocable letter of credit (LOC) in favor of ARC. The ARC bond is a performance or financial guaranty type of bond. The LOC is a guarantee of payment issued by a federally insured lending institution. A bond or LOC serves as a financial screen, assuring ARC carriers of the financial credit worthiness of travel agents. ARC's bond/LOC requirement also protects ARC carriers from financial loss if a travel agency defaults.

Bond Companies — May 13, 2011
To assist agents in the surety selection process, the Airlines Reporting Corporation (ARC) has provided a list of bond brokers. This list is provided as an informational source only. Agents are not obligated to use the services of any specific broker and this list is not intended as an endorsement of these companies.


While every effort has been made to ensure the accuracy of the information contained in ASTA White Papers as of the date of their publication, please be advised that some content contained therein may be outdated or otherwise inaccurate at the present time. Accordingly, ASTA makes no representation regarding the timeliness of all of the information accessible here. Members having questions regarding the current state of a White Paper topic may wish to contact ASTA to obtain the most up-to-date information.

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