We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:
The Federal Maritime Commission OTI Bond is required by the Federal Maritime Commission for Ocean Freight Forwarders and Non-Vessel Operating Common Carriers. This bond is used to ensure the Ocean shipping Reform Act is followed and that all FMC regulations are being complied with.
As the bond amount required varies, so does the cost for the Federal Maritime Commission OTI Bond. You can expect to pay from 1 to 3% of the bond amount based on your financial credentials. Bonding Solutions has been in the bond industry for the past 25 years. We work hard to continually bring our clients some of the lowest rates. Apply today or call and talk to one of our bond experts today.
A Federal Maritime Commission OTI Bond is necessary is you are providing any international ocean transportation services as it provides proof of financial security and shows you are complying with the FMC Regulations and Ocean Shipping Reform Act.
To get started call our office today for a no obligation quote. Provide our team with the required information. Once underwriting has approved your bond we will issue you a signed copy.
Still have questions? Call our experts today to get the answers you need. (877) 841 6745.Get Started