Customs bonds: These bonds are required for importing goods into a country and ensure that all necessary duties, taxes, and fees are paid. Customs bonds also protect the government in case the importer fails to pay these obligations.
Continuous customs bonds: These bonds provide coverage for an indefinite period of time, rather than a single import transaction. Continuous customs bonds allow importers to file a single bond to cover all their import transactions over a specific period of time, usually one year.
Single entry bonds: These bonds cover a single import transaction. Single entry bonds are typically used for one-time or infrequent imports.
Import security filing (ISF) bonds: These bonds are required for certain imported goods entering the United States. The ISF provides U.S. Customs and Border Protection with advanced information about the cargo being imported, which helps to ensure the safety and security of the supply chain.
Exporter security filing (ESF) bonds: These bonds are required for certain exported goods leaving the United States. The ESF provides U.S. Customs and Border Protection with advanced information about the cargo being exported, which helps to ensure the safety and security of the supply chain.