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HIGH CAPACITY BOND PROGRAM
International Sureties issues Customs Bonds for all Activity Codes.
Customs Brokers, agents, and importers often turn here for our large importer bond capabilities. Bonds in excess of $500,000 are not automatically issued by the marketplace like their smaller $50,000 counterparts, so International Sureties has facilities in place to assist with larger C1 requests.
Our office is happy to respond to any request, and offer solutions. Call, e-mail, or request to be contacted by our lead Customs Bond Specialist.
What type of bond applies to each Activity Code?
AC1 Importer bond
AC1a Drawback Payments bond
AC2 Custodian of Bonded Merchandise
AC3 International Carrier Bond
AC3a Instruments of International Traffic
AC4 Foreign Trade Zone
AC5 Public Gauger
AC6 Wool & Fur Products
AC7 Bill of Lading
AC8 Detention of Copyrighted Material
AC10 Court Costs for Condemned Goods
AC11 Airport Security Bond
AC12 International Trade Commission Exlusion Bond
AC14 In-Bond Export Consolidation Bond (Warehouse Bond)
AC15 Intellectual Property Rights
AC16 Importer Security Filing (ISF)
AC17 Marine Terminal Operator
Is there a set bond amount?
While some bonds have specific bond amounts, most do not. You should take direction from CBP as to the bond amount. For AC1 bonds, CBP has a formula for the bond amount and leaves it up to you to decide on the appropriate bond amount. If you choose an amount too low and later receive an Insufficiency Notice requesting a higher bond amount, then you will have to arrange for a completely new bond at that higher amount as CBP does not simply allow you to increase your current bond.
What types of Customs bonds does International Sureties offer?
International Sureties issues bonds related to ALL activity codes in any amount no matter how large or small. However, we specialize in International Carrier Bonds (ICB – AC3) and with respect to Activity Code 1, we are best suited to handle requests for bond amounts in excess of $1,000,000.
Does International Sureties issue bonds for foreign companies?
Yes. We have programs in place to assist foreign corporations and are happy to assist. They best way to proceed is to reach out to any of our Customs bond specialists.
What type of Customs bond do I need?
CBP will instruct you as to which Activity Code you need. The amount will vary depending on the type of bond and, if an importer, how much cargo you import throughout the course of the year.
For assistance with Customs Bonds, please contact one of our Logistics Bond specialists:
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Call, email, or submit this form to get in touch so we can get you the bond you need.