You can avoid delays of your bonded merchandise by utilizing licensed customs brokers to handle your imports and bond claims swiftly and properly.
Avoid Insufficient Customs Bonds by:
If the principal does not meet bond obligations, a claim is filed against the bond for payment. Next, when the CBP files a claim for unpaid duties, the paid claim will cover those duties. Finally, when there are bond obligations that are not met, the CBP has the right to file legal actions against the importer.
Defaults on Customs Bond Claims
If an importer defaults on a bond, they have broken the bond agreement they agreed to when they received their import bond. When an importer defaults on a bond, Customs expects satisfaction of the bond amounts at this time.
Import bonds are also commonly referenced as importation or entry bonds. Many goods require bonds to qualify for entering us ports of entry. Importation and entry bond conditions include agreements to:
A basic custodial bond requires U.S. Customs to make sure a bonded warehouse, carrier or container station adheres to all regulations when handling imports. The bond conditions include agreeing to:
These bonds ensure that international carriers follow all regulations when transporting imported goods. International carrier bond conditions include agreeing to:
These bonds make sure that any principal operating within the secured areas of an airport complies with all regulations.