Bee On Trade

Customs Bond


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Understanding Import Bonds

What is an Import Bond?

An Import Bond, also known as a formal agreement, is a crucial requirement for importing items valued at more than $2,500 into the country. This agreement serves to detail and certify that all import duties, taxes, and fees associated with the imported items have been duly paid.

Why is it Necessary?

  • Legal Requirement: It is a legal necessity for imports exceeding the specified value threshold.
  • Certification: Provides certification of payment for import duties, taxes, and fees.

What is Another Term for Import Bond?

Another commonly used term for an Import Bond is an "import bond" itself.

How are Costs Covered?

  • Continuous Bond: This agreement operates on a continuous basis, covering 10% of annual customs charges.
  • Rolling Basis: The continuous bond amount is determined on a rolling basis.

Understanding Continuous Bond Amount

A continuous bond of $50,000 would cover an importer's annual customs charges and costs up to $500,000.

Collaborative Efforts with Beeontrade

  • Beeontrade collaborates closely with a surety, which is the entity that issues importer bonds.

Collaborative Partnership with Beeontrade

How does Beeontrade Assist?

  • Expertise: Beeontrade offers expertise in navigating the complexities of import processes.
  • Surety Collaboration: Collaborates closely with a surety to facilitate the issuance of importer bonds.

Benefits of Beeontrade's Services

  • Efficiency: Streamlining the import process for clients.
  • Compliance: Ensures compliance with legal and financial obligations.


Understanding the nuances of import bonds is crucial for smooth international trade operations. Partnering with Beeontrade provides not only expertise but also a seamless process through collaboration with a reliable surety.

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