A Customs bond is a contract that is given to insure the performance of an obligation or obligations imposed by law or regulation. A bond is like an insurance policy that guarantees payment to U.S. Customs and Border Protection (CBP) if a required act is not performed. The difference between a single entry and continuous bonds is…
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Importing in the United States: What are Liquidated Damages?
Liquidated Damages is a frequently used term in the international trade world and can be a confusing topic for small to medium sized importers. TRG is here to help clear away the confusion and,...
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It's time for another exciting post from Customs Bonds 101 e-Book series, this one pertains to the main ways Importer Bonds are written. There are two main ways Importer Bonds are written:...
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