Customs bonds ensure that an importer complies with all Customs regulations, and guarantees that all duties, taxes, and other fees owed on a shipment are paid. We’ll explain how to get one, how much they cost and cover, and more.
What are the most common bonds for importers? Continuous Transaction Bond:If your firm has multiple shipments over the course of the year, it is likely more economical for you to apply for a continuous transaction bond. Term is one year and it is automatically renewed. For importers, the min...
Bonds4Customs.com is a low cost provider of customs bonds. For as low as $349.00* we can provide the C-1, $50,000 continuous customs bond that includes the ISF bond, required of all importers. Compare this rate to the rate quoted by your customs broker. We also provide the Activity ...
Continuous Bond – These bonds are used for importers that import on a regular basis. The most common bond size for a continuous bond is $50,000. ISF Bond – If you are bringing in freight by ocean, and ISF (Importer Security Filing) is required. If you do not have a Continuous Bond...
Understanding Surety Bonds for Importers and Exporters Many individuals use surety bonds and insurance interchangeably, but these two terms are different on several levels. Surety bonds, specifically those used for importers and exporters, are a type of insurancecoverage for the CBP, not the carrier,...
As new importers, online sellers are often lured into the promise of cheap and quick Customs bonds (thanks, Google); however, purchasing a regulatory service through an unknown, faceless website – or worse, a 10-minute “app” – can be risky if you haven’t done your due diligence. ...
& Customs Bonds for International Trade 90 second video Get a quoteon the right product for your business. Here at TRG, we're passionate about helping importers reduce costs and reach their potential by providing world-class service, focusing on education & transparency and building an excellence...
value of imports and type of commodity, the cost of using single transaction bonds can substantially exceed the cost of a continuous bond. The purchase of a continuous bond may be more cost effective after only one or two shipments rather than purchasing single transaction bonds for each ...
This includes ISF filing, CBP bonds, and customs clearance—crucial steps in the movement of international cargo that ensure compliance and facilitate the efficient transport of goods to their final destination. By integrating us whenever you need our management services, you are not simply ...
TRG offers aMulti-Year Pricing structureunique to the industry. Clients will get access to 1, 2, 3, or 5 year payment structures for their Continuous Import Bonds. This reduces service costs for the bond and ultimately reduces the out-of-pocket expenses for our clients. ...