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I have a travel agency and we have received a demand of bank guarantee, why?

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TitleI have a travel agency and we have received a demand of bank guarantee, why?
Summary
URL NameI-have-a-travel-agency-and-we-have-received-a-demand-of-bank-guarantee-why-1415811064661
CS Portal linkhttps://portal.iata.org/faq/s/article/I-have-a-travel-agency-and-we-have-received-a-demand-of-bank-guarantee-why-1415811064661
Answer
A demand for a bank guarantee is sent to agents according to the local financial criteria. This may be in connection with a new application, an accreditation change, following a financial review, payment irregularity or default. The local criteria are specified in the Travel Agent Handbook / Cargo agent handbook. You can download this document on IATA´s webpage by placing TAH/ CAH in the search function at the top right of the webpage. Should you need any further information, please contact us via Customer Portal in www.iata.org/customer.
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