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Continuous Bonds for USA Frequent Importers

Continuous Transaction Bond-is a self-renewing term Importer Entry Bond, which covers all Customs transactions through all ports of the country. The bond amount for a continuous bond is determined by taking multiples of $10,000 nearest 10% of duties, taxes and fees paid by an importer during the last calendar year. The minimum continuous bond amount is $50,000. This customs bond is valid until it is terminated by the principal or the surety.

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AGENTS ON CALL

24/7 TICKETED SUPPORT FROM A TEAM OF EXPERTS

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What is a Surety Bond?

U.S. Customs and Border Protection requires that an importer purchase a surety bond to ensure it will pay the required duties and taxes when importing an item. A bond is like an insurance policy that guarantees payment to U.S. Customs and Border Protection (CBP) if a required act is not performed. Surety bonds can be purchased through Scarbrough, regardless if we clear the goods or not.

Bonds have a number of uses in CBP. The most common use allows importers to take possession of their goods before all CBP formalities are completed. Another common use allows a carrier to move goods under bond from one place to another before those goods are actually entered for consumption with duties paid.[/vc_column_text][/vc_column][/vc_row][vc_row bg_type=”color” bg_color=”#ffffff” padding_top=”40px” padding_bottom=”40px”][vc_column width=”1/3″][grve_icon_box icon=”arrows” icon_size=”large” icon_shape=”round” align=”center” icon_color=”primary-2″ title=”Customs Bonds”]Speed up and simplify your supply chain with a variety of customs bonds to keep your goods flowing thru USA ports. [/grve_icon_box][/vc_column][vc_column width=”1/3″][grve_icon_box icon=”institution” icon_size=”large” icon_shape=”round” align=”center” icon_color=”red” title=”Customs Compliance”]We help your company stay in compliance with all US Customs rules, saving you time and money along the way. [/grve_icon_box][/vc_column][vc_column width=”1/3″][grve_icon_box icon=”truck” icon_size=”large” icon_shape=”round” align=”center” icon_color=”green” title=”Last Mile Logistics”]From port or airport to your door, we coordinate timely and efficient last mile delivery solutions for you. [/grve_icon_box][/vc_column][/vc_row][vc_row][vc_column][grve_divider line_type=”line”][/vc_column][/vc_row][vc_row padding_top=”10px” padding_bottom=”20px”][vc_column width=”1/3″][vc_column_text]

CUSTOMS BONDS & CLEARANCE SERVICES FOR USA IMPORTERS

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IMPORT QUOTES IN 3 EASY STEPS

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SERVING USA PORTS & AIRPORTS

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