Customs Bonds

Customs bonds are a type of insurance that guarantees the payment of any customs transactions. Whether or not the entity taking out the bond is able.

This bond is a financial guarantee between 3 parties, the insurance company issuing the bond, the entity that is filling the bond, and Customs and Border Protection (CBP).

Benefits of Customs Bonds

Build trust between importers and customs officials.Ensures duty fees and taxes.Transactions between owners and customs are protected.

Every business that imports and exports goods in the U.S. requires customs bonds on file by law.

When to use Customs Bonds?

WWhen merchandise importation value into the United States is more than $2,500.An international carrier moves cargo or passengers from a foreign location to the United States.An individual operates a warehouse used to store imported or exported merchandise.
NCH - Customs Bonds

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