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As part of the Customs Bonds 101 e-Book series, learn the basics of the Airport Security Bond, why Customs requires it under certain circumstances, and determine if you need one. Airport Security...
It’s time for another exciting post from the Customs Bonds 101 e-Book series, this one pertains to the different ways import bonds are acquired. There are two main ways importers can get Customs...
Customs Bonds are a regular part of the importing community, and knowing more about them can help to increase compliance. Below are five things every importer should know about them. Although they...
We recently gave a presentation on the basics of U.S. Customs Bonds, called “Customs Bonds 101.” During the presentation, the attendees asked so many excellent questions, we felt like it would be a...
Trade Risk Guaranty has invested in software that connects with U.S. Customs’ database allowing us to download proprietary and highly secured information. Access to Entry information is available...
A continuous Customs bond remains on file until the surety or broker puts in a termination notice with U.S. Customs. Did you know you can access your bond information, liquidated damages, supplemental duties at any time using Eagle Eye?
Have you ever wasted time and resources trying to answer one of these important questions?
Do I owe any duties to Customs?
Which entries have not liquidated?
How much duty did I pay last year?
Which of my entries are suspended?
TRG’s Customs bond division has opted to continue to only provide the amended Continuous bonds for Importer Security Filing. Customs and Border Protection allows for ISFs to be secured by single entry or continuous bonds.
Purchasing a continuous Customs bond that has been amended to cover ISF is going to be your most economical option. If you will be importing at least two times during the course of 12 months you should apply for this bond no later than 2 weeks prior to you first shipment leaving the foreign port.
If you currently do not have continuous Customs bond on file and are looking to get one in place you have come to the right place. However, in order to get your bond placed in a timely manor you will need to make sure to fully complete the application so TRG can submit the application to US Customs on your behalf.
This bond ensures operators properly manifest all goods and passengers they carry, pay for the overtime services of Customs officers and comply with all regulations related to the clearance of their vehicles.
All commercial carriers, including Part 135 charter for hire operators, arriving directly or indirectly in the United States from foreign countries or departing the United States for foreign destination by vessel, vehicle, or aircraft, are required to have an approved International Carrier Bond on file with Customs and Border Protection. Application should be made per the following instructions prior to submission of a Customs Form 301.
If you currently import using single entry bonds, see what you are paying per single entry bond. It might be in your best interest to get a quote from TRG on a continuous customs surety bond.