Customs Bond

A Customs Bond is a financial guarantee required by customs authorities to ensure importers and exporters comply with regulations and pay duties, taxes, and penalties.

There are two main types:

• Single-entry bonds for one-time shipments.
• Continuous bonds for multiple shipments over a year.
• The bond ensures that customs authorities are protected from financial loss due to non-compliance, facilitating faster customs clearance and smoother international trade operations.

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