Secure Your Release Prior to Placement Bond with Trade Risk Guaranty

Trade Risk Guaranty provides D120 Customs Bonds to Canadian importers.

Securing your Release Prior to Placement bond allows you to meet the mandatory CARM requirements and not miss a beat when Release 2 goes live.

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What is a Release Prior to Placement Bond (aka Canadian Customs Bond)?

A Release Prior to Placement Bond is required by the Canada Border Services Agency (CBSA) in order for an importer participate in the Release Prior To Payment Privilege (RPP). This bond is sometimes referred to as the Canadian Customs Bond. The upcoming CARM regulations will make it mandatory for importers to secure their own Release Prior to Placement Bond instead of being able to use the bond their Broker has secured.

The Release Prior to Placement Bond secures all accounts payable to CBSA, including duties and taxes, interest, adjustments, ascertained forfeitures, and Special Import Measures Act (SIMA) fees. This security may be posted in the form of a cash bond, a continuous surety bond (known as the Release Prior to Placement Bond), or a one-time single entry bond.

If you are familiar with importing into the United States, this is very similar to the U.S. Customs Bond necessary for every importer to have on file with U.S. Customs and Border Protection. Learn more about U.S. Customs Bonds as a baseline to prepare for CARM.

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TRG provides the U.S. Customs Bond for Kawasaki. Trade Risk Guaranty provides the U.S. Customs Bond for 1-800-flowers.
Stanley Black and Decker has a U.S. Customs Bond from Trade Risk Guaranty.

About TRG Bond

TRG is the world's largest client-direct supplier of U.S. Customs Bonds and Cargo Insurance. Over 13,000 global clients take advantage of TRG's focus on education and affordability to revolutionize their trade practices and break free of outdated traditions.

Through a rare combination of innovation and expertise, TRG has redefined how companies who partake in international trade purchase their insurance. TRG is known for unprecedented pricing, exceptional assistance, and remarkable results.