California Customs Custodian Bond

What is a customs bond?

A customs bond, also known as an importer bond, is a surety bond required by the U.S. Customs and Border Protection (CBP) for individuals importing goods into the United States.

There are two types of U.S. customs bonds:

• Single-entry bonds, which cover single imports to a specific U.S. entry port.
• Continuous bonds, which cover ongoing imports at all U.S. entry ports. This bond is ideal for those who import shipments frequently throughout the year.

How much does a U.S. customs bond cost?

The premium for a customs bond ranges from 1% to 10% of the bond amount, depending on the bond type, fees associated with the imported goods, and the financial health of you and your company.

For single-entry bonds, the bond amount is determined by the port director accepting your bond. The port director will base the bond amount on the total value of the imported goods, including taxes and fees. For continuous bonds, the premium cost is typically 10% of the total taxes and fees collected by the CBP.

Why do I need a customs surety bond?

A customs broker bond enables you to legally import goods into the U.S. and ensures that you comply with the payment of all relevant taxes and fees to the CBP. You must purchase this bond if the goods you are importing are for commercial use, valued over $2,500, and subject to meet requirements from government agencies.

Failure to obtain the surety bond can lead to complications such as being denied by U.S. Customs, incurring fines, and experiencing significant delays in the importing process.

How do I get a customs bond?

You can contact us for a free quote today to obtain your U.S. customs bond. One of our experienced surety agents will get in touch with you and walk you through the process.

What else should I know about customs bonds?

You must complete a CBP Form 301 as part of the bonding process. This form requires you to choose the type of bond you need (single-entry or continuous) and provide a description of the goods being imported. After completing the form and applying for your bond, we will handle the final steps of submitting your signed bond to the U.S. Customs and Border Protection.