SINGLE ENTRY BONDS Single Entry Bond Covers only the transaction for which it

Single entry bonds single entry bond covers only the

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SINGLE ENTRY BONDS Single Entry Bond: Covers only the transaction for which it was written The bond amount is the amount of all duties, charges, fees plus the value of the shipment. If the item is restricted, or the goods are subject to other agencies, the requirement is 3X the value of the shipment.
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162 CONTINOUS BONDS Continuous Bond. Importer who has multiple imports would consider a Continuous Bond. Minimum amount: $50,000.00 or 10% of duties & fees paid in previous 12 months Continuous bonds will normally cover all import transactions at every U.S. Port. Bond is valid until terminated by surety or the principals. Bond does not have to be renewed each year (but usually is!) CF 301 - Continuous Customs Bond Application
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10 IN-BOND ENTRIES In-bond entries Imported goods may be sent in-bond from the first port of arrival to another Customs port. In-bond entries postpone final Customs formalities including payment of duty and processing fees, until the goods arrive at the final port. Arrangements for in-bond shipments should be made before the goods leave the country of export. A B This Photo by Unknown Author is licensed under CC BY-SA
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