What is Customs Bond?
A bond is required for formal entries. A single-entry bond covers one shipment; a continuous bond covers all entries for a year and is set at the higher of $50,000 or 10% of the duties paid in the previous year.
Glossary · US import
A surety bond guaranteeing that a US importer will pay its duties and follow CBP rules.
A bond is required for formal entries. A single-entry bond covers one shipment; a continuous bond covers all entries for a year and is set at the higher of $50,000 or 10% of the duties paid in the previous year.
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