CUSTOMS BONDS

Customs bonds are required for all merchandise imported into the U.S. that have a value of $2,500 or greater, or are otherwise subject to other federal agency requirements (i.e., FDA, ATF, ec.). Because we handle a large of volume of customs bonds, we are able to provide you special discounted rates on your bonds.

Single Entry Bond (“SEB”)

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Single entry bonds only cover the entry or transaction for a single shipment, and often times sufficient and cost-effective for those importers that only have one or two imports a year. The amount of a single entry bond is typically no less than the total value of the goods, including applicable duties, taxes and fees.

Continuous Transaction Bond (“CTB”)

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Continuous transaction bonds are utilized by importers who have a large number of entries or imports through several different ports of entry each year. It is valid for one year, automatically renewed each year, and is valid until it is terminated by the principal or their surety.

Import Security Filing (“ISF”) Bond

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The Import Security Filing (“ISF”), commonly referred to as the “10+2” initiative, is a regulation promulgated by CBP that requires importers utilizing ocean transportation that directly calls a U.S. port, to provide certain data electronically to CBP 24 hours prior to vessel loading for containerized freight, and 24 hours prior to arrival at the port of discharge for break bulk shipments. Much like a customs entry, a single transaction bond or continuous bond is required for ISF transactions.