US Customs Bond
US Customs Bond is a written agreement between an importer or shipper (the principal), a surety firm, and CBP that ensures the importer will adhere to customs laws and will pay CBP for any necessary import duties, taxes, fines, and penalties. No other fees ' Guarantee ' (with your good credit score), to issue a Continuous Bond, it takes 5-7 working days (2 weeks).
Cost are base on:
- Continuous Bond: $50,000.00
- Covers up-to: $500,000.00 on duty and tax for 365 days
- Covers ISF penalties (if any)
- Covers all US ports, by air or ocean, also with all US freight forwarder or US Custom Broker
Payment Policy:
- You could pay by Company Check or Personal Check
- Or you could wire transfer or Western Union.
- Payment term details
US Continuous Import Bond
Choice No. 1
You could print out 2 forms, after filling-out the details e-mail or fax us.
- Power of Attorney (POA) for Continuous Bond form
- Application for $50,000 Continuous Import Bond form (Application/$876.33)
- Application for $60,000 and UP Continuous Import Bond form.
Choice No. 2
Application for US Customs Continuous Import Bond Online
If you a are Foreign/Non-Resident company and if you are applying for a US Continuous Import Bond: For Custom Assigned Number (CAN #) CBP 5106 form ($50) + Application Online ($876.33) = $926.33. If you have a Continuous Import Bond with other company and if your are renewing with us, use this Bond Termination Form also, If surety number is same as ours for Broker of Records (BOR's), fill this Broker of Records Form instead.
With a US Custom Bond, the importer can use this bond for 365 days and can import cargos thru any US ports, by air or ocean. In addition, with this Import Bond the Importer is not locked in to any freight forwarder or customhouse broker. This means with an Import Bond, the importer has total control over their shipment and can use any multiple forwarders and custom brokers, which ever offer the most competitive rates. US importers are required by the Customs Borders and Protection (CBP) to have an Continuous import bond / Annual Bond or Import Bond or Single Bond when importing any products, cargos and shipments from any foreign countries (Title 19 USC, section 1623).
The purpose of the Continuous Bond (CB) / Import Bond / Annual Bond / Single Bond is to act as a means to ensure to the US Custom that the Importer guarantees payment in the event that liquidated damages are assessed against shipments imported into the United States. Further, the Continuous Bond (CB) / Import Bond / Annual Bond is intended to protect the US Government in the event the importer cannot or will not fulfill their obligation to pay monies due. Continuous Bond (CB) / Import Bond / Annual Bond, which covers all entries made by an importer at all US ports of entry. The most common surety amount for a CB is $50,000, which is also the least amount recommended by the CBP. The $50,000 surety value has a ceiling coverage of up to $499,999. Be-aware: The Continuous Bond (CB) / Import Bond / Annual Bond only covers the US Custom duties and taxes. The value of the imported cargo is not protected by the Import Bond.
Continuous Bond (CB) / Import Bond / Annual bond will cover any ISF Penalties (if any).
**ALL PREMIUMS, COMMISSION AND/OR FEES ARE FULLY EARNED ON ALL BOND(S).
When a payment(s) is made in-full, there are/is/will NO pro-rate or refunds for any bond termination / cancelled / Increase Liability of Bond / in-process / before and after active/activation, also for any other service we provided. Continuous Bond Formulas by US Customs.
ISF Filing $95 each
NOTE: Just forward all your documents (Invoice, Packing-list, Bill of lading, Arrival notice, ISF Doc. and etc.) that you received from your Supplier / Factory / Freight Forwarder / Shipping-Company.
Key to filing an ISF is you must file, even if your data is incomplete you should file, 48 hours (we recommend 72 hours) before your shipment can be loaded onto freight vessel. You can always make the corrections and Re-Submit your ISF filing, 72 Hrs. before your shipment arrives into US Port. The Re-Submitting of your ISF must only be done by you on-line. ISF must be filed, otherwise U.S. Customs ( CBP ) can and will assess penalty/fines of up to $5,000 per violation.
ISF 10+2 Filing is Importer(s) Responsibility. You could have your Custom Broker or your Vendor (Supplier) or your Freight Forwarder file for you, but if they filed Incomplete/Wrong data(s) or Filed Late, you as Importer and you Only will be Fined/penalized by US Customs.
Importer Security Filing (ISF 10+2) is SEPARATE from the carrier's manifest and the broker's / importer's entry / entry filing / customs broker.
NOTE: The ISF 10+2 filing must be done for each bill of lading (BL) / Each shipment. Also each Importer Security Filing (ISF 10+2) filing must have the same identical Parameters i.e. Spelling of all name(s), letter(s) and Number(s) on the shipments / Invoice from your overseas factory / For more details: www.CBP.gov Continuous Bond/any Bond is not a licenses/permits to import.
Agent / Dealer / Re-Seller account for Bond and others Code for Bond type by US Customs, Surety Names / Codes, Up-date only once a year July 1, Revocation of POA from your..... and Details about US Customs and Import requirements.
Other Services
- Application for a Drawback Bond form
After your Bond has been issued ($67.13):
- Amending / Adding of address form
- Amending / Adding of Company name form ($74.96)
After Bond has been issued, but "Insufficient" ($74.96):
- Bond Marked by CBP as " Insufficient " form
- More details about " insufficient Bond "
- Sample Letter from US Customs, to increase continuous bond amount. After Bond has been issued and
- If you need the Original Bond Certificate, you can request.
Other Bonds
If you want to apply other Bonds, contact us. | 714-855-3556 | [email protected] or fill out this form and send.
- Freight Forwarder Bond (OTI/FMC/FF) $50k = $695 a year
- NVOCC Bond (OTI/FMC/FF) $75k = $995 a year
- Non-US NVOCCs (OTI/FMC/FF) Bond 150k = $1,695 year
- If you required other Additional Office Bond: $10k each = $318 a year
Before C2 or/and C3 Bond: You need to apply for a SCAC code (Standard Carrier Alpha Code) from US Customs, see the SCAC Code application procedures here.
- Single ISF Bond Fees, Standard and Late Filing
- Single Entry Bond Subject to Standard shipment
- Single Entry Bond Subject to AD/CVD.
- Single Entry Bond Subject to FDA, USDA, FWS, Hazard or relate to government agencies.
Airport Security Bond aka: C1 Bond / Activity One Bond / Airport Custom Security Area Bond / A1 Bond / ASB
- Power of Attorney (POA) for Airport Security Bond.
- Airport Security Bond on-line Applications ($50,000 and Lower)
- Airport Security Bond ($50,000 and Lower Application) ($1,481.87)
- Airport Security Bond Application for ($50,000.01 and UP)
Any company, entity or person or individual that works around or in an CBP controlled international airport and has access to Custom airport security areas must be bonded.
The company, entity, or individual must purchased an Airport Security Bond aka Activity One Bond. The minimum bond amount set by CBP is $50,000, however CBP Port Directories at the international airport has the discretion to raise the bond amount or set new bond amount limits at anytime.
The Airport Security Bond / ASB will be issued by the CBP in CBP-301 Form, the bond is for the usage by the company, entity or individual and is not considered an Custom Import Bond, the company, if the company, entity or individual uses this ASB to import commodity from any foreign country, this action will be a violation of the 19 CFR 113.62(i) and CBP has the authority to terminate immediately.
Additional Information
If you are arranging an trucking after sea bill of lading or air way bill final destination, you must be Bonded Property Broker or FMCSA will Penalize/Fines you $10,000 per shipment and etc.
- FMCSA Broker Authority Bond / BMC-84 Bond / BMC-85 Bond /MAP-21 FMCSA Bond aka: Domestic Trucking Bond / Trucker Bond / DOT Bond. $75,000 = $1967 with your good Credit and with your Indemnity. FMCSA Application here.
- If any, call or email us to FMCSA Reinstatement / Annual: Reinstatement of Bonded Property Broker Licensed $250 Reinstatement / Annual fee of UCRA for Property Broker Licensed $250
- Notes from US Customs on International Carrier Bond (ICB) / C3 Bond. Things commercial carriers (i.e. truckers) should know before transporting cargo from Canada or Mexico into the United States.
**ALL PREMIUMS, COMMISSION AND/OR FEES ARE FULLY EARNED ON ALL BOND(S) and all our service(s) arrangement fees. When a payment(s) is made in-full, there are/is/will NO pro-rate or refunds for any bond termination / cancelled / Increase Liability of Bond / in-process / before and after active/activation, also for any other service we provided it. Bond surety company, its affiliates and subsidiaries may terminate the bond at anytime without Notice if ADD / CVD duties or Penalize/Fines and etc. are assessed by US Custom / FMC / FMCSA + other US Government Agencies (DPL/SDN/Red/etc.) against the bond of Applicant / bond holder.