ARC offer

Interested in participating in a pilot test of a cash deposit program? ARC is inviting accredited travel agency locations to try it out. The move is in response to an increasing number of inquiries from agents having trouble securing a bond or letter of credit as required for ARC accreditation, according to the agency’s corporate communications office. Agencies participating in the pilot will provide a deposit directly to ARC rather than securing a bond or letter of credit to meet the financial guarantee requirement. Participants will have to provide a certified or cashier’s check in the full amount required, a $100 processing fee and other stipulations.