FMC (OTI) Bonds and C3 Bonds are both types of financial securities that are required by the Federal Maritime Commission (FMC) for certain companies that operate in the international ocean transportation industry.

FMC (OTI) Bonds are required for Ocean Transportation Intermediaries (OTIs), which are companies that arrange for the transportation of goods by ocean carrier on behalf of shippers, but do not own or operate the vessels themselves. OTIs include Ocean Freight Forwarders (OFFs) and non-vessel-operating common carriers (NVOCCs). The purpose of an FMC (OTI) Bond is to provide financial protection for shippers and other parties in the event that an OTI fails to fulfill its obligations or causes financial loss.

C3 Bonds are required for international carriers that operate vessels in the U.S. foreign commerce and are registered with the FMC. The purpose of a C3 Bond is to provide financial protection for shippers and other parties in the event that the international carrier fails to fulfill its obligations or causes financial loss.