Customs Bonds are financial guarantees required by US Customs and Border Protection (CBP) in order to import into the US.
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The estimated duties, taxes, and fees for the import transaction determine the bond amount for a Single Entry Bond. This amount is typically assessed on a case-by-case basis. It is specific to the value and nature of the goods being imported.
The bond amount for a Continuous Customs Bond is determined differently. It considers the importer's historical activity, financial standing, and other factors.