Customs Bond
What is a Customs Bond?
A Customs Bond is a type of Commercial bond that ensures payment of duties, taxes, and fees associated with importing goods into the country.
Protects the government’s interest in the collection of taxes and fees on imported goods.
Required by customs agencies for importers to ensure compliance with laws and regulations.
Importer’s personal or business information, credit history, bond type, and value of imported goods.
Varies based on bond type, but typically starts around $500 annually for a continuous bond.
