Requirements for WA Seller of Travel Bond
Travel agents and sellers in Washington state are required to obtain a Seller of Travel Bond. This surety bond protects consumers who purchase travel services and ensures the travel seller complies with state regulations.
The bond amount is typically $10,000 to $20,000 depending on the business's annual gross income from travel sales. Travel sellers must maintain this bond with the Washington Department of Licensing to legally operate in the state.
How to Obtain a WA Seller of Travel Bond
To get a Washington Seller of Travel Bond, applicants must work with a licensed surety bond company. The surety will review the applicant's financial history and business details to determine eligibility and pricing.
Once approved, the surety company will issue the bond to the state. Travel sellers must keep the bond active and renew it annually to maintain their license and operate legally in Washington.
