Customs Bond. You don’t understand it, but you can’t import without it! In this 12-minute Webinar, TRG explains everything you need to know about your bond and what to expect when a supplemental duty bill or liquidated damages claim occurs.
Here at Trade Risk Guaranty, we understand that importing in the United States can be a confusing process. With so many government regulations in place, importing can quickly become a practice fraught with fines and penalties stacking up on your business.
In order to guide importers through these murky waters, TRG held a webinar to teach how to Master the Secrets of U.S. Customs Bonds. In it, TRG’s Tyler Zaichkin, discusses everything you need to know about your Customs bond and what to expect when a supplemental duty bill or liquidated damages claim occurs. Through this 12-minute webinar, Tyler walks you through four items that effect you and your Customs bond:
- The three parties involved in a U.S. Customs Bond
- The contractual obligation of both the importer and the surety to U.S. Customs
- The transfer of damages from Customs to the surety after a claim has been paid
- How you can best protect your business from losses and claims
Watch the full webinar for insight into the world of Customs bonds and how to protect your business.
Watch the Full Webinar on U.S. Customs Bonds
Download the slides to the presentation here