A customs bond is a required agreement mandated by US Customs and Border Protection (CBP) for importers bringing goods into the United States. This bond guarantees that the importer will cover all applicable duties, taxes, and penalties, ensuring compliance with US regulations. Importers can select between a single-entry bond for one-time shipments or a continuous-entry bond for multiple shipments. Customs bonds facilitate quicker clearance, enhance national security, and ensure regulatory adherence. Get more information on custom bonds at LOTUS Containers!
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