Customs Bond Information
A Customs Bond (sometimes referred to as a Brokers Bond) is required for businesses shipping goods into the United States. The surety bond ensures that legally required customs fees are paid and other financial obligations are met when importing products. Bond claims typically result from not paying required taxes or duties to U.S. Customs, improperly filed paperwork or mismanagement of goods held at the border. The surety bond also covers these responsibilities while goods are in the custody of U.S customs officials.