At A Customs Brokerage, Your Cargo Concierge, we strive to offer professional, personalized customs brokerage services, including setting our clients up with customs bonds. Customs bonds ensure your import taxes and fees are completely paid so that you can feel comfortable knowing your goods are covered.
What is a Customs Bond?
A customs bond is a binding contract that acts as a financial guarantee between three parties: the Surety – issuer of the customs bond, U.S. Customs & Border Protection, and the Importer of Record.
Customs & Border Protection requires a customs bond for commercial imports valued at $2,500 or more. These bonds ensure that U.S. Customs & Border Protection can collect payment up to the bond amount from the issuer in the event that the principal is not able to pay. Customs bonds also allow the issuer to use any legal means necessary to collect payment from the principal.
Importers can file single entry bonds for one-time imports or continuous bonds for ongoing import operations.
Single entry customs bonds are ideal for importers that only need to import a single shipment. The bond will only cover a single, specific shipment.
Continuous bonds are ideal for importers that have a large number of shipments or who import goods through multiple ports of entry throughout the year.
Do You Need a Customs Bond?
Commercial imports valued at $2,500+ require a customs bond per Customs & Border Protection regulations. Additionally, if your imports are intended for commercial use or are subject to any Partner Government Agencies (Partner Government Agency’s) such as the Food and Drug Administration, then you need a customs bond.
Customs bonds are an essential aspect of conducting international business and must be renewed periodically.
How to Get a Customs Bond
Once you’ve confirmed that you are ready to import, A Customs Brokerage will help set up your company with U.S. Customs and Border Protection and our Customs Brokerage Department will handle the procurement and set up of your Customs Bond.
At A Customs Brokerage, our experienced brokers can help you get a single entry or continuous customs bond in a matter of minutes.
Contact A Customs Brokerage Today
A Customs Brokerage has over 40 years of experience in providing Concierge customs brokerage services to our partners.
We understand the complexities of the customs import process and will help set you up with the customs bonds you need to conduct business quickly and efficiently.
Contact A Customs Brokerage to learn more about our services and get started on your customs bond application today.