Customs Bonds (also known as Surety Bonds) are required by the U.S. Customs Service as a means to ensure that importers guarantee payment in the event that liquidated damages are assessed against shipments imported into the country. A bond is intended to protect the U.S. government in the event the importer cannot or will not fulfill their obligation to pay monies due.
1/ 26/ 2009
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The U.S Customs and border protection Importer Security Filing, known as 10+2, will take effect Jan 26th 2009 and may result in aditional $25 fee. More info