Customs General Continuous Bond #972
Get standard CBP continuous bonds for regular import operations. Required for ongoing international trade with competitive rates.
Essential for Regular Importers
• Required for ongoing import business
• Covers all standard transactions
• Fast 24-48 hour approval
• Rates from 0.5-2% annually
• Valid at all U.S. ports
• Eliminates per-shipment bonds
CBP Standard Bond Requirements
U.S. Customs and Border Protection requires continuous bonds for importers conducting regular international trade. The standard general continuous bond covers all routine import transactions and provides CBP with security for duty and tax payments.
This bond eliminates the need for individual transaction bonds and provides year-round coverage for your import operations at all U.S. ports of entry.
Single Transaction Bond
$100-$500 per shipmentContinuous Bond
$250-$10,000 annuallyCost Savings Example
If you import 10 shipments per year, single transaction bonds could cost $1,000-$5,000 total. A continuous bond typically costs $250-$1,000 annually, providing significant savings for regular importers.
Common Import Categories
Regular Importers
$50,000 minimum bondHigh Volume (>$500K)
10% of annual dutiesFrequent Importers
$50,000-$500,000Multiple Locations
Enhanced bond amountFirst-Time Importers
$50,000 standardEstablished Importers
Activity-based calculationImportant: CBP may require higher bond amounts based on your import volume, commodity types, or payment history. Consult with CBP or a licensed customs broker for specific requirements.
Step 1: Application
- • Complete bond application with import details
- • Provide business and financial information
- • Determine appropriate bond amount
Step 2: Approval
- • Surety reviews application (24-48 hours)
- • Bond issued upon approval
- • Receive bond certificate for CBP filing
Step 3: CBP Filing
- • Submit bond to CBP (directly or via broker)
- • CBP processes and activates bond
- • Begin importing with continuous coverage
Business Impact: Without proper customs bonding, your import operations will come to a complete halt. CBP will not release cargo without adequate bond coverage.
Municipal Client Considerations
Import businesses with municipal clients may need financial guarantee bonds for project financing. When your imported goods support municipal infrastructure projects, municipal guarantee bonds provide additional security for public sector contracts and financing arrangements.
Annual Premium Range
0.5% - 2%
of bond amount
Part of Specialty Bond Family
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Last Updated: December 20, 2024