Watch Trade Risk Guaranty's webinar on what to do when there is a claim on your bond.

[Webinar] How to Handle a Claim on Your U.S. Customs Bond

by | Sep 21, 2017 | Bond Claims, Customs Compliance, U.S. Customs Bonds, Webinars

Trade Risk Guaranty walks through the process of receiving a liquidated damages claim or a supplemental duty bill and how to handle a claim on your U.S. Customs bond.

Receiving a claim on your U.S. Customs Bond is a stressful process with the potential of costing a large sum of money to an importer. When an importer receives a claim on their bond for the first time, there is not a clear outline of what they should do next to resolve the claim.

In TRG’s latest webinar, we were joined by a member of our in-house claims team, Senior Bond Claims Specialist, Rachel Bauman, to lead importers through the best course of action when a claim is issued on your Customs Bond. In the webinar, Rachel covered the following topics:

  • What are Liquidated Damages and what do they look like when issued?
  • What to do when you receive a Liquidated Damage claim
  • The top 4 causes of a Liquidated Damage claim
  • What are Supplemental Duty Bills?
  • How to handle a Supplemental Duty Bill when you receive one

For more insight into the process of entering goods into the United States, watch part 1 of this webinar: The Process of Liquidation and Entering Goods into the United States. Or check out our past blog post with an infographic illustrating the entry process: Importing in the United States: An Introduction.

Watch the Full Webinar About How to Handle a Claim on Your U.S. Customs Bond


View the Webinar Slides Below

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