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Customs Bond

Customs Bond

Ocean carriers often scramble upon managing the clearance of their consignment from one seaport to another. Commercial importation has always been a tough nut. Especially when the freight forwarders and NVOCCs have to deal with goods that need to be transferred to the United States.

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What Is a Customs Bonds and also Why Importers Demand One?

What Is a Customs Bonds and also Why Importers Demand One?

CBI's insurance professionals have been providing trade related services since 1981. CBI's officers have acted as insurance brokers, Carrier Vice-Presidents, or managing general agents in the past, but now have joined together in becoming the one stop shop for Customs Brokers and International Freight Forwarders nationwide. Services such as: CBI Customs Bonds SC, OTI Bonds NJ, CBI insurance CA, Continuous Transaction bonds NY, Etc.
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Articles : 29
Depuis : 24/08/2018
Categorie : Entreprises & Marques

Articles à découvrir

Do You Need A US Customs Surety Bond?

Do You Need A US Customs Surety Bond?

It becomes quite laborious for shippers outside the country to clear customs which is mandatory. Many importers from other countries still don’t understand it rightly how to clear goods through US customs and border protection (CBP). From the native port,until the vessel reaches the destination port, the process requires good efforts. Some trader
Importance of Customs Bond in US Customs Clearance

Importance of Customs Bond in US Customs Clearance

Ocean freight forwarding is wide and popular around the world. Trading intellectuals always have a lot to say about US customs clearance. The big ocean vessels have been in use for commercial trading for decades. There was a time when it considered the most dangerous medium of correspondence as it was crowded by pirates and filibusters. At the curr
Things to Know Before Shipping Internationally

Things to Know Before Shipping Internationally

Do you want to deliver beyond borders? It is an imperative step in order to reach the next level of growth. Supplying goods from one country to another may seem a daunting task but if you do it legitimately then there are zero restrictions. The e-commerce businesses that have done well in the local market continuously desire to broaden their custom
How Much Does A US Customs Surety Bond Cost?

How Much Does A US Customs Surety Bond Cost?

A US Customs surety bond is simply required by the US Customs and Border Protection (CBP) agency. There are multiple activity codes and classes to have the assurance of importer’s performance and obligations that he would adhere to all rules and regulations and fulfil all the duties, fees, and taxes levied on his commodities within the due time.
What are the Continuous Import Bond Requirements?

What are the Continuous Import Bond Requirements?

Importers are always keen to get the latest information on ongoing changes in the custom industry. Regular updates regarding loading, unloading, clearing, and logistics make them sure of their selves. The role of brokers is compelling in the condition when a merchandizer has doubts over certain importing processes. The tax prices, regulations, and
What are Customs Bonds and OTI Bonds?

What are Customs Bonds and OTI Bonds?

International trading is not an easy process. It is a kind of economic affair between two countries that involves various barriers. A person/company needs to master the techniques of how to represent himself/itself potential enough that they can affect a particular industry by their presence in the market. Every country has a different set of rules
Why Are OTI Bonds Important For Shipping Companies?

Why Are OTI Bonds Important For Shipping Companies?

It is very important for shipping companies to understand all the legal factors and responsibilities before initiating their business in the US. If you were planning to import goods to the United States, it is imperative to know about the rules and regulations set by the Federal Maritime Commission (FMC). The US is the largest hub of business in th
Verification Process of the US Customs Bond

Verification Process of the US Customs Bond

Crossing the borders, transporting goods from one land to another can be a taxing task, no matter you are a veteran doing this for so long or just a beginner. Since the departure and till the arrival of your shipment at the intended site, the anticipation period can be long and long, if it faces frequent bugs during the journey. It may be a worryin
Customs Clearance and Continuous Customs Bond

Customs Clearance and Continuous Customs Bond

When you import commercial goods to the United States, you’re required to post a potential “bond” for customs clearance. Apart from bonds, importers have to present a hard copy of the commercial invoice that contains the history of all transaction made between two merchandisers during a specific period of time. At the arrival of your shipment
Obtaining 301 Customs Bond through Customs Broker

Obtaining 301 Customs Bond through Customs Broker

Customs men are always there for inspection of contrabands at the US ports. Have you wondered why you need to carry the additional load of documents and papers before importing cargo into the United States? This is simply because the government never wants any harm or assault happening again due to weak security policies. Since the enforcement of C