Airline Reporting Bonds – Compliance with Ticket Transaction Settlements
Did you know that a travel agency needs to get a surety bond, too? In fact, the Airlines Reporting Corporation (ARC) requires all of its accredited entities to obtain a bond. These entities include: ARC-Accredited Agents (also called Ticket Reporting Agents or TRAs) Corporate Travel Departments (CTDS) Sovereign Entity Agents (SEAs) Sovereign Entity Corporate Travel …
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