USA

International Carrier Bond (ICB) for AMS can also be arranged by SIGCO

We have been advised by SIGCO, the arrangers of the COFRs, that they are now in a position to also arrange for the International Carrier Bond (ICB) as required by the new AMS requirement. As an example, a US$100,000 bond would cost US$1,750 and with their existing COFR processes, this should enable the bonds to be delivered on time. SIGCO have this facility as a result of a partnership with approved Surety Bond issuers who will be the issuers of the bonds. Sigco is acting only as the interface for the obtainment of the Bond.