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Trade Risk Guaranty is an industry’s expert in U.S. importing solutions located in Bozeman Montana 59715

U.S. Customs Import Bond



TRG
US Customs Bonds Through TRG


What is a Customs bond?

A Customs bond is a financial guaranty between 3 parties: the Insurance/Surety company issuing the Customs bond, the Principal (who is required to file the bond), and Customs & Border Protection (CBP). The Customs bond guarantees Customs & Border Protection that if they cannot collect monies due from the Principal they can seek remedy, up to the bond amount, from the Insurance/Surety company. The Customs bond also indemnifies the Insurance/ Surety company, allowing them to use any legal means to collect from the Principal any monies that were paid to CBP on the Principal’s behalf.

Types of Customs bonds
There are many types of bonds required by Customs & Border Protection (CBP) for various reasons. While TRG has the experience and expertise to provide every type, the most common types issued are the import bond, custodian bond, international carrier bond, foreign trade zone bond and airport security bond. Most Customs bonds, overall, are Activity Code 1 Import Bonds. The import bond is required by CBP from all importers in order to clear entries through Customs. An importer may file a “Single Entry” import bond or a “Continuous” import bond.



 

 

Purchase Import Bond
Activity Code 1
Continuous Import Bond
IMPORT BOND
Purchase Drawback Bond
Activity Code 1a
Continuous Drawback Bond
DRAWBACK BOND
Purchase Custodian Bond
Activity Code 2
Continuous Custodian Bond
CUSTODIAN BOND
Purchase International Carrier Bond
Activity Code 3
Continuous Carrier Bond
INT'L CARRIER
Purchase Foreign Trade Zone Bond
Activity Code 4
Continuous FTZ Bond
FOREIGN TRADE ZONE
TRG CORE VALUE

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What is Direct Filing? Watch a Direct Filing demo. About TRG Phone: (800) 685-6082
What is Importer Security Filing? Calculate my Direct Filing savings. Press Room Fax: (406) 922-6501
What is a Customs bond? Get a Quote for Shipping Insurance. Careers Customs Bonds FAQs
Is an annual Cargo Insurance for me? Apply for a Customs bond. Newsletter Sign Up Cargo Insurance FAQs
What does it cost to Direct File? Terms and Conditions Direct Filing FAQs
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Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts and Hudson Insurance Company of New York, New York, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

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