There are two types of import bonds- an annual (continuous) bond and a single entry bond (SEB), shipments valued over $2500 require a bond, although there are exceptions to this rule. Call our office for more details at (310) 615-2325.

A few important points:

Most importers import under a continuous bond and continuous bonds usually represent a significant savings over the use of a single entry bond for each shipment.

• A Customs Bond does not “pay” the duties for the importer, it is just a guarantee that helps CBP ensure proper duties will be paid.

• If the importer fails to pay their duties as required, CBP notifies the bond company and the bond company can pursue legal means to collect any duties or penalties from the importer.

• Importers who fail to pay all applicable duties as required can have their Customs Bond revoked and can have their importing privileges suspended.

For more information about Customs Bonds or importing into the United States please contact our office at (310) 615-2325