About International Trade Surety Association
The International Trade Surety Association (ITSA) is dedicated to supporting surety and insurance professionals vital to securing efficient and lawful international trade. Our members produce over 70% of the bonds securing US international trade. Our mission is…
Services
Primary products provided by our members include:
- Ocean Transportation Intermediary (OTI) bonds, required by the Federal Maritime Commission (FMC) for licensing and regulations of ocean freight forwarders and non-vessel operating common carriers.
- Customs Bonds, filed with U.S. Customs and Border Protection (CBP) to secure immediate release, in-bond movement and storage, and other import-related legal obligations, including payment of duties, taxes and fees collected by CBP and liquidated damages for failure to redeliver as demanded for non-compliance with the regulations of over forty (40) federal agencies.
- Property Broker and Surface Freight Forwarder Bonds required by the Federal Motor Carrier Safety Administration (FMCSA).
- Carnets and Carnet Bonds, the international passports for goods which allow temporary entry of goods into over ninety (90) countries without the payment of duty, tax and fees.
