{"id":102681,"date":"2022-10-09T18:41:26","date_gmt":"2022-10-09T10:41:26","guid":{"rendered":"https:\/\/jingsourcing.com\/?p=102681"},"modified":"2024-06-25T13:40:52","modified_gmt":"2024-06-25T05:40:52","slug":"b-customs-bond","status":"publish","type":"post","link":"https:\/\/jingsourcing.com\/b-customs-bond\/","title":{"rendered":"Customs Bond Types and Costs: How to Obtain Yours?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"102681\" class=\"elementor elementor-102681\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-6899692 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6899692\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b956559\" data-id=\"b956559\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7b4bce elementor-widget elementor-widget-text-editor\" data-id=\"a7b4bce\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>When <a href=\"https:\/\/jingsourcing.com\/b-how-to-import-from-china-to-usa\/\" target=\"_blank\" rel=\"noopener\">importing from China to the USA<\/a>, it is necessary to buy bonds for US import customs clearance. In today&#8217;s post, I explain customs bonds from the following 7 points that are highly concerned by importers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-d611714 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d611714\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-96ae0b2\" data-id=\"96ae0b2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d7b3499 elementor-widget elementor-widget-text-editor\" data-id=\"d7b3499\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>Table of Contents<\/em><\/p><ul><li><a href=\"#a1\">What is a customs bond?<\/a><\/li><li><a href=\"#a2\">How do customs bonds work?<\/a><\/li><li><a href=\"#a3\">When is a customs bond required?<\/a><\/li><li><a href=\"#a4\">What are the most common 2 bond types?<\/a><\/li><li><a href=\"#a5\">What bond amount do you need?<\/a><\/li><li><a href=\"#a6\">How to get a customs bond?<\/a><\/li><li><a href=\"#a7\">How much does a customs bond cost?<\/a><\/li><li><a href=\"#a8\">Three further asked questions.<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fece99e elementor-widget elementor-widget-spacer\" data-id=\"fece99e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-700bd26\" data-id=\"700bd26\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-859e4e6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"859e4e6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d47bda4\" data-id=\"d47bda4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-09f8cab elementor-widget elementor-widget-text-editor\" data-id=\"09f8cab\" data-element_type=\"widget\" id=\"a1\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>1. What is a customs bond?<\/h2><p>Customs bonds are mandatory for you when importing goods into the USA. Simply put, the customs bond is an assurance involving 3 parties: U.S. <a href=\"https:\/\/www.cbp.gov\/\" target=\"_blank\" rel=\"noopener\">CBP<\/a> (Customs and Border Protection), importers, and surety firms. The beneficiary is US customs plus the government. Customs bonds guarantee that importers will comply with all customs regulations and fulfill financial responsibilities for <a href=\"https:\/\/jingsourcing.com\/b-customs-duty-from-china-to-usa\/\" target=\"_blank\" rel=\"noopener\">customs duties<\/a>, taxes, and fines.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bffaa7 elementor-widget elementor-widget-image\" data-id=\"5bffaa7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"690\" height=\"330\" src=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/how-do-customs-bond-work.png\" class=\"attachment-large size-large wp-image-102692\" alt=\"how do customs bond work\" srcset=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/how-do-customs-bond-work.png 690w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/how-do-customs-bond-work-300x143.png 300w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/how-do-customs-bond-work-200x96.png 200w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/how-do-customs-bond-work-400x191.png 400w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/how-do-customs-bond-work-600x287.png 600w\" sizes=\"(max-width: 690px) 100vw, 690px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a190d1b elementor-widget elementor-widget-text-editor\" data-id=\"a190d1b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In case importers can&#8217;t pick up goods for some objective reason like bankruptcy, without payment for duties, storage fees, and other expenses. Once that happens, CBP will collect the payment, up to the bond amount, from the surety firm that issues the bond. And the bond issuer will take legal means to collect from importers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-552c902 elementor-widget elementor-widget-text-editor\" data-id=\"552c902\" data-element_type=\"widget\" id=\"a2\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"color: #ff9900\"><b>How do customs bonds work?<\/b><\/span><\/h3><p>The surety company pays CBP first and CPB releases your goods. As an importer, you just need to give the money back to the company later.<\/p><p>In this way, CBP is able to clear the shipment covered by the bond, without an additional wait for the importer to pay. This means a shorter time for <a href=\"https:\/\/jingsourcing.com\/b-what-is-customs-clearance\/\" target=\"_blank\" rel=\"noopener\">customs clearance<\/a> and is good for your import business.<\/p><p>Once your shipment fees exceed the purchased bond value, the surety firm will ask you to buy a large-size bond. And only after the new bond is posted will Customs release the goods that meet regulatory requirements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c9bef2 elementor-widget elementor-widget-spacer\" data-id=\"6c9bef2\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-2811c7d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2811c7d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-68378b8\" data-id=\"68378b8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e9f1cf elementor-widget elementor-widget-text-editor\" data-id=\"3e9f1cf\" data-element_type=\"widget\" id=\"a3\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>2. When is a customs bond required?<\/h2><p>As required by CBP, all individual importers or registered companies must file a customs bond as long as the products are:<\/p><ul><li>valued at $2,500 or more and for commercial purposes, including even duty-free items.<\/li><li>subject to other federal agencies&#8217; requirements, such as firearms and food.<\/li><\/ul><p>When your import meets the above 2 situations, you need to buy a bond to clear customs. If not, your goods will be rejected by customs, because they are not on file with U.S. Customs. Even if you have already made an <a href=\"https:\/\/jingsourcing.com\/b-what-is-isf\/\" target=\"_blank\" rel=\"noopener\">ISF declaration<\/a>, you still can&#8217;t clear the shipment. In the meantime, you&#8217;ll receive punishments from customs and pay fines.<\/p><p>That is to say, the bond is a compulsory ticket for your cargo to enter the US. And you have to finish the purchase of bonds 4 days before your vessel sets sail at the port of departure.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-637feeb elementor-widget elementor-widget-spacer\" data-id=\"637feeb\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-836567a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"836567a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f7bdc09\" data-id=\"f7bdc09\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57bc804 elementor-widget elementor-widget-text-editor\" data-id=\"57bc804\" data-element_type=\"widget\" id=\"a4\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>3. What are the most common types of customs bonds?<\/h2><p>According to users and specific activities, there are many different customs bond types, such as import bonds, foreign trade zone operator bonds, international carrier bonds, drawback bonds, custodian bonds, and so forth.<\/p><p>For importers, the most common customs bonds are the following 2 types.<\/p><h3><span style=\"color: #ff9900\"><b>1. Annual Bond or Continuous Bond (CB)<\/b><\/span><\/h3><p>As the name suggests, this bond type only needs the purchase once a year. If you import products many times or your shipment is valued high, you can buy the annual bond under your own company&#8217;s name and use it to clear multiple shipments. Even if you change <a href=\"https:\/\/jingsourcing.com\/b-what-is-a-customs-broker\/\" target=\"_blank\" rel=\"noopener\">customs brokers<\/a>, your annual bond is still valid.<\/p><p>Since the bond is issued, it is valid for one year, except for the cancelation by the importer or the surety. Continuous bonds can be set to renew automatically. If renewed by manual methods, it should be 2 months before the bond is due. In the bond renewal process, importers and the surety company can make changes if necessary.<\/p><p>One more thing, an annual bond covers ISF regulations when <a href=\"https:\/\/jingsourcing.com\/shipping-from-china-to-us-cost\/#A7\" target=\"_blank\" rel=\"noopener\">shipping goods by sea<\/a>.<\/p><h3><span style=\"color: #ff9900\"><b>2. Single-entry Bond or Single Transaction Bond (STB)<\/b><\/span><\/h3><p>Also known as the single bond, STB is designed for a batch of shipment. It is only valid for one time and can&#8217;t be renewed. This bond type is suitable for buyers who import once or twice every year and the shipment value is not high. Most bond providers, i.e., surety firms, issue STBs three times at most per year. If exceeding that, it easily leads to the CBP check.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cc3ac2 elementor-widget elementor-widget-spacer\" data-id=\"9cc3ac2\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-3803c93 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3803c93\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2eef6a8\" data-id=\"2eef6a8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d95cfb9 elementor-widget elementor-widget-text-editor\" data-id=\"d95cfb9\" data-element_type=\"widget\" id=\"a5\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>4. What bond amount do you need?<\/h2><p>The bond amount or size relates to the product type, shipment value, duties, taxes, and the types of bonds you buy.<\/p><p>Annual bonds cover regulated goods, but anti-dumping products are not included. The amount of this bond type is usually 10% of your duties, taxes, and fees during the previous 12 months. The formula is as follows.<\/p><h3><span style=\"color: #ff9900\"><b>Annual bond amount = 10% * (total annual duties + taxes + fees)<\/b><\/span><\/h3><p>Note there is a minimum bond amount of $50k. If your annual duties and taxes are $450k, you need to buy a $50k bond. Once your annual duties and taxes have reached or exceeded the benchmark of $500k, you need a larger bond amount than $50k.<\/p><p>Referring to the following calculation table, you first look at which range your annual duties and taxes are located, and then find the required bond amount.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-f49bd54 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f49bd54\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-9d5d605 elementor-hidden-mobile\" data-id=\"9d5d605\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-03277aa\" data-id=\"03277aa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3d5bc6e elementor-widget elementor-widget-text-editor\" data-id=\"3d5bc6e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<table id=\"tablepress-270\" class=\"tablepress tablepress-id-270\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Total Duties &amp; Taxes (past 12 monthes)<\/th><th class=\"column-2\">Bond Amount<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">$0-$500,000<\/td><td class=\"column-2\">$50,000<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">$500,000-$600,000<\/td><td class=\"column-2\">$60,000<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">$600,000-$700,000<\/td><td class=\"column-2\">$70,000<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">$700,000-$800,000<\/td><td class=\"column-2\">$80,000<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">$800,000-$900,000<\/td><td class=\"column-2\">$90,000<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">$900,000-$1,000,000<\/td><td class=\"column-2\">$100,000<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">$1,000,000-$2,000,000<\/td><td class=\"column-2\">$200,000<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">$2,000,000-$3,000,000<\/td><td class=\"column-2\">$300,000<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">$3,000,000-$4,000,000<\/td><td class=\"column-2\">$400,000<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">$4,000,000-$5,000,000<\/td><td class=\"column-2\">$500,000<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">$5,000,000-$6,000,000<\/td><td class=\"column-2\">$600,000<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">$6,000,000-$7,000,000<\/td><td class=\"column-2\">$700,000<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">$7,000,000-$8,000,000<\/td><td class=\"column-2\">$800,000<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">$8,000,000-$9,000,000<\/td><td class=\"column-2\">$900,000<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">$9,000,000-$10,000,000<\/td><td class=\"column-2\">$1,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-270 from cache -->\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-337060b elementor-hidden-mobile\" data-id=\"337060b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f8751a elementor-widget elementor-widget-text-editor\" data-id=\"7f8751a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Suppose your total duties and taxes last year were $550k, you need to round it up to the next $100K, i.e., $600k. Then, obtain the bond amount you need &#8212; 10% * $600k = $60K.<\/p><p>If your total duties and taxes last year were $1,550k, you need to round it up to the next $1,000K, i.e., $2,000k. Then, obtain the bond amount you need &#8212; 10% * $2,000k = $200K.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1d1ce6 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c1d1ce6\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-722a96d elementor-widget elementor-widget-text-editor\" data-id=\"722a96d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For single-entry bonds, the bond amount is calculated based on the individual shipment value, plus any duties, taxes, and fees. You can use the formula below for calculation.<\/p><h3><span style=\"color: #ff9900\"><b>Single-entry bond amount \uff1d individual shipment value + duties + taxes<\/b><\/span><\/h3><p>Note the amount of this bond type must not be less than $100, except when the law or regulation expressly provides that a lesser amount may be taken.<\/p><p>The above-mentioned is applicable to goods without the supervision of other U.S. government agencies. If subject to other US regulatory authorities, the bond amount should be 3 times the value of your goods. Suppose you import food products under <a href=\"https:\/\/www.fda.gov\/\" target=\"_blank\" rel=\"noopener\">FDA<\/a> supervision and the freight value is $30k, you need to buy a $90k bond (3*$30k).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a34f70d elementor-widget elementor-widget-spacer\" data-id=\"a34f70d\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-7eacb0d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7eacb0d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b0dce19\" data-id=\"b0dce19\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-370583f elementor-widget elementor-widget-text-editor\" data-id=\"370583f\" data-element_type=\"widget\" id=\"a6\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>5. How to get a customs bond?<\/h2><p>As an importer, you can&#8217;t purchase the bond by yourself. It is a must to find authorized agents to do that, who can be:<\/p><ul><li>surety companies licensed by the <a href=\"https:\/\/home.treasury.gov\/\" target=\"_blank\" rel=\"noopener\">U.S Treasury Department<\/a><\/li><li>local customs broker or international <a href=\"https:\/\/jingsourcing.com\/b-freight-forwarder\/\" target=\"_blank\" rel=\"noopener\">freight forwarder<\/a>.<\/li><\/ul><p>The latter is the easiest way. All you need to do are the following 3 steps.<\/p><h3><span style=\"color: #ff9900\"><b>Step 1 &#8212; Find a suitable freight or customs broker.<\/b><\/span><\/h3><p>The bond can be purchased in the name of your own company or freight\/customs brokers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11f9e54 elementor-blockquote--skin-clean elementor-widget elementor-widget-blockquote\" data-id=\"11f9e54\" data-element_type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tNote the customs clearance goes in the name of the one buying customs bonds. And he is also responsible for associated issues during the entire clearance process.\t\t\t<\/p>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e34001 elementor-widget elementor-widget-text-editor\" data-id=\"9e34001\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you don&#8217;t have the qualification or don&#8217;t want to use your company&#8217;s name to clear goods, you can use your freight forwarder or customs broker title.<\/p><p>If you import kids&#8217; toys subject to <a href=\"https:\/\/www.cpsc.gov\/\" target=\"_blank\" rel=\"noopener\">CPSC<\/a> supervision, using the freight brokers&#8217; title is not feasible. Because US customs won\u2019t accept the forwarder\u2019s identity for imports. In such cases, you need to get a bond through a local customs broker to prove that you have the qualification to import such goods. For a list of licensed customs brokers, check the <a href=\"https:\/\/www.cbp.gov\/contact\/ports\" target=\"_blank\" rel=\"noopener\">port of entry<\/a>.<\/p><h3><span style=\"color: #ff9900\"><b>Step 2 &#8212; Fill out relevant documents and provide tax ID No.<\/b><\/span><\/h3><p>You need to complete the CBP Form 301, <a href=\"https:\/\/jingsourcing.com\/b-poa-shipping\/\" target=\"_blank\" rel=\"noopener\">POA<\/a> (Power Of Attorney), and relevant documents. About POA, your customs broker will provide it and you just sign it. This means you authorize him to file import entries on your behalf.<\/p><p>About CBP Form 301, you can fill out the form under your broker&#8217;s guidance. Only one scanned copy is required. Here I share an annual bond CBP Form 301 example for your reference.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6964b65 elementor-widget elementor-widget-image\" data-id=\"6964b65\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6IjEwMjY5NCIsInVybCI6Imh0dHBzOlwvXC9qaW5nc291cmNpbmcuY29tXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIyXC8xMFwvQ0JQLUZvcm0tMzAxLWV4YW1wbGUtMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"939\" height=\"455\" src=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1.jpg\" class=\"attachment-large size-large wp-image-102694\" alt=\"CBP Form 301 example-1\" srcset=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1.jpg 939w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1-300x145.jpg 300w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1-768x372.jpg 768w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1-200x97.jpg 200w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1-400x194.jpg 400w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1-600x291.jpg 600w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-1-800x388.jpg 800w\" sizes=\"(max-width: 939px) 100vw, 939px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c56d73f elementor-widget elementor-widget-image\" data-id=\"c56d73f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6IjEwMjY5NSIsInVybCI6Imh0dHBzOlwvXC9qaW5nc291cmNpbmcuY29tXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIyXC8xMFwvQ0JQLUZvcm0tMzAxLWV4YW1wbGUtMi5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"939\" height=\"444\" src=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2.jpg\" class=\"attachment-large size-large wp-image-102695\" alt=\"CBP Form 301 example-2\" srcset=\"https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2.jpg 939w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2-300x142.jpg 300w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2-768x363.jpg 768w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2-200x95.jpg 200w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2-400x189.jpg 400w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2-600x284.jpg 600w, https:\/\/jingsourcing.com\/wp-content\/uploads\/2022\/10\/CBP-Form-301-example-2-800x378.jpg 800w\" sizes=\"(max-width: 939px) 100vw, 939px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><i> click to enlarge<\/i><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-dbb8d2e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dbb8d2e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e26f325\" data-id=\"e26f325\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1564fe5 elementor-widget elementor-widget-text-editor\" data-id=\"1564fe5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As for the 4 red-marked areas, I explain them further.<\/p><ul><li>The first defines the bond number assigned by CBP. It is unique.<\/li><li>The second means you have to choose the bond type. The small box on the right side is the bond effective date.<\/li><li>The third is specific info on the U.S. import customs clearance subject, usually importers.<\/li><li>The fourth is the importer&#8217;s tax ID\/EIN number.<\/li><\/ul><h3><span style=\"color: #ff9900\"><b>Step 3 &#8212; Get a customs bond from your broker.<\/b><\/span><\/h3><p>Your broker will submit proper importing paperwork, complete the online eBond application, and follow up on the process. Once receiving CBP&#8217;s approval, the broker will issue a bond to you. One more thing, you&#8217;ll get a customs bond within 1-4 workdays when cooperating with experienced customs brokers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b27ab16 elementor-widget elementor-widget-spacer\" data-id=\"b27ab16\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-c2ba0d0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c2ba0d0\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2fa0119\" data-id=\"2fa0119\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-b3e518b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b3e518b\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-0ea8d72\" data-id=\"0ea8d72\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-a93b262\" data-id=\"a93b262\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ed0f9a9 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"ed0f9a9\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 128 128\" 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4.08 5.82c2.1 4.49 2 8.25 1.08 10.65z\" fill=\"#031880\" data-original=\"#000000\"><\/path><path d=\"m18.26 72.17a2 2 0 0 0 -2.26 1.67l-1.84 11.65a2 2 0 0 0 1.67 2.29l52.87 8.22a2 2 0 1 0 .62-4l-50.9-7.94 1.51-9.67a2 2 0 0 0 -1.67-2.22z\" fill=\"#031880\" data-original=\"#000000\"><\/path><path d=\"m53.32 25.86 3.24-1.05 2.77 2a2 2 0 0 0 1.78.28l3.24-1.09 2.76 2a2 2 0 0 0 1.79.28l3.23-1.05 2.76 2c1.09.78 2.87.41 3.19-1.64l1.2-7.68 22.33 3.48-8.49 54.45a2 2 0 0 0 3.95.62l8.8-56.46a2 2 0 0 0 -1.67-2.29l-75.92-11.8a2 2 0 0 0 -2.28 1.67l-2.33 14.91a2 2 0 0 0 4 .61l2-12.93 22.33 3.48-1.2 7.68c-.34 2 1.2 2.96 2.52 2.53zm22-6.57-.75 4.78c-.57-.31-1.38-1.39-2.73-.95l-3.23 1.05-2.76-2a2 2 0 0 0 -1.79-.27l-3.22 1.1-2.77-2c-1.15-.83-2.26 0-2.89.08l.74-4.78z\" fill=\"#031880\" data-original=\"#000000\"><\/path><path d=\"m6.36 58.05a71.87 71.87 0 0 1 7.86 3.42 48.78 48.78 0 0 1 5.21 5.83c5.68 7.38 18.25 12 27.66 15.55 2.69 1 7.67 2.34 10.25 1a5.23 5.23 0 0 0 2.66-2.85l3.6 1.84c3.65 1.86 6.79.42 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1.19c-.6.3-3.46.15-7-1.2-8.46-3.23-21-7.79-25.92-14.25a51.9 51.9 0 0 0 -5.79-6.44c-1-.85-4.9-2.48-7.78-3.62a28.62 28.62 0 0 1 2.26-8.8z\" fill=\"#031880\" data-original=\"#000000\"><\/path><\/g><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-02174d2\" data-id=\"02174d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f88c9b elementor-widget elementor-widget-text-editor\" data-id=\"6f88c9b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #031880\"><strong>Jingsourcing supports your import business with long-term reliable forwarders who cooperate with experienced local customs brokers.<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c4df40 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6c4df40\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/jingsourcing.com\/submit-ticket\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" xmlns:svgjs=\"http:\/\/svgjs.com\/svgjs\" width=\"512\" height=\"512\" x=\"0\" y=\"0\" viewBox=\"0 0 480.026 480.026\" style=\"enable-background:new 0 0 512 512\" xml:space=\"preserve\" class=\"\"><g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\t<g>\t\t<path d=\"M475.922,229.325l-144-160c-3.072-3.392-7.36-5.312-11.904-5.312h-96c-6.304,0-12.032,3.712-14.624,9.472    c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312l-134.368,149.28c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C481.394,244.653,481.394,235.373,475.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\t<g>\t\t<path d=\"M267.922,229.325l-144-160c-3.072-3.392-7.36-5.312-11.904-5.312h-96c-6.304,0-12.032,3.712-14.624,9.472    c-2.56,5.792-1.504,12.544,2.72,17.216l134.368,149.312L4.114,389.293c-4.224,4.704-5.312,11.456-2.72,17.216    c2.592,5.792,8.32,9.504,14.624,9.504h96c4.544,0,8.832-1.952,11.904-5.28l144-160    C273.394,244.653,273.394,235.373,267.922,229.325z\" fill=\"#ffffff\" data-original=\"#000000\" class=\"\"><\/path>\t<\/g><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><g xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><\/g><\/g><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-25 elementor-inner-column elementor-element elementor-element-57f850a\" data-id=\"57f850a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-679b0d4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"679b0d4\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0d820c2\" data-id=\"0d820c2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-980839e elementor-widget elementor-widget-spacer\" data-id=\"980839e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b26a5b elementor-widget elementor-widget-text-editor\" data-id=\"4b26a5b\" data-element_type=\"widget\" id=\"a7\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>6. How much does a customs bond cost?<\/h2><p>Customs bond purchase fees mainly lie in the cost to buy the broker&#8217;s title for clearance.<\/p><p>If you buy single bonds, the bond fee is calculated on the individual shipment value at a rate of five per thousand. The rate varies among different brokers. In addition, the higher the shipment value, the higher the bond fees. For supervised products, calculate the bond fee by shipment value*3*charged rate.<\/p><p>For annual bonds, customs brokers generally charge you from $500 to $1000.<\/p><p>Professional customs agencies usually buy annual bonds for different product categories, for example, consumer electronics. This makes goods cleared at customs efficiently. Such additional costs are worth it.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-510dfd6 elementor-widget elementor-widget-spacer\" data-id=\"510dfd6\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-71cf014 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71cf014\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e55153b\" data-id=\"e55153b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a615c45 elementor-widget elementor-widget-heading\" data-id=\"a615c45\" data-element_type=\"widget\" id=\"a8\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Three further asked questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c0ce96 elementor-widget elementor-widget-heading\" data-id=\"0c0ce96\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Why do I need a customs bond?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f7e0f7 elementor-widget elementor-widget-text-editor\" data-id=\"2f7e0f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>When importing goods worth $2,500 or more into the US for business, you need a customs bond. This is a requirement enforced by the US CBP to ensure that all required duties and taxes are properly paid. Without this bond, your goods will not be released by customs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3a955a elementor-widget elementor-widget-heading\" data-id=\"a3a955a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is a customs bond number?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2154966 elementor-widget elementor-widget-text-editor\" data-id=\"2154966\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The bond number is assigned by CBP. It is unique and should be filled in the CBP Form 301.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcad9b4 elementor-widget elementor-widget-heading\" data-id=\"fcad9b4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Do customs bonds expire?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d1406b4 elementor-widget elementor-widget-text-editor\" data-id=\"d1406b4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A single bond is a one-time use guarantee and cannot be renewed. An annual bond, on the other hand, remains valid for one year from the date of issuance. You can check your customs bond status via the <a href=\"https:\/\/ace.cbp.gov\/s\/login\/?ec=302&amp;startURL=%2Fs%2F\" target=\"_blank\" rel=\"noopener\">CBP ACE portal<\/a> and apply for renewal two months before it expires.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-a8f5390 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a8f5390\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a3a6369\" data-id=\"a3a6369\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9723be1 elementor-widget elementor-widget-spacer\" data-id=\"9723be1\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-344eb27 elementor-widget elementor-widget-text-editor\" data-id=\"344eb27\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>The end<\/h2><p>Believe you get a better understanding of customs bonds and know how to get the right one. Should you have any questions, leave a comment below.<\/p><p>As a leading Chinese sourcing agent, Jingsourcing has helped many clients import products from China, from product selection to customs clearance and delivery to the door. More than half of our clients are located in the USA. More importantly, we have long-term reliable forwarders who cooperate with licensed customs brokers in the USA to smooth the clearance process. <a href=\"https:\/\/jingsourcing.com\/submit-ticket\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline\">Contact us<\/span><\/a> to support your import business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>When importing from China to the USA, it is necessary to buy bonds for US import customs clearance. In today&#8217;s [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":102769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[17],"tags":[],"class_list":["post-102681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china-sourcing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.6 (Yoast SEO v25.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Customs Bond Types and Costs: How to Obtain Yours?<\/title>\n<meta name=\"description\" content=\"Learn what single &amp; annual customs bond types are, and what bond amounts you need via examples. 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