Category: Customs Bonds

Documents Needed for Customs Clearance

In order to get the goods that you are importing into the U.S. released so you have access to them, you must have a customs clearance bond. This bond is a legal document. You will be required to complete an application and provide sufficient information about your business and your goods in order to get

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Freight Requirements Include Obtaining the Customs Bond

As any freight forwarder fully knows, all cargo entering the US must go through a specific process. The freight requires that a customs bond, much like an insurance policy, be used to cover all commercial entries. The importer agrees to pay duties in a timely manner and the cargo is then released. For international carriers

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3 Subtle Benefits You Must Get From Your Insurance Agency

Are you simply looking for personal insurance or need to find excellent coverage for your large corporation or young small business? There are some things that are worth looking for in your insurance agency in New Mexico so that you’re better covered in the future. Cooperation and Prevention First, make sure that any insurance agency

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Responsibilities Surrounding Customs Bonds

A customs bond is “a contract which is given to ensure the performance of an obligation imposed by a law or regulation.” The parties involved in the bond contract are the principal (importer), Surety Company and obligee. The primary purpose of customs bonds is to guarantee the payment of import duties and taxes, as well

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