Importer Or Broker Bond | Surety BondImporter Or Broker Bond Application
Type of BondThe importer or broker bond is also referred to as a customs bond. The importer is required to obtain a bond with the custom authority before goods are handled. When the importer has imported the goods, he has to pay the custom duties. This bond enables the importer to pay off the custom duties. This bond is implemented to have compliance with the federal government. This bond guarantees payment of custom duties. The custom brokers will maintain this custom activity. Each licensed firm should have a licensed custom broker. These brokers will act as an agent between the shipper, the consignee, customs and the government. The broker has to see to that the importer maintain his records with accordance to the state and federal law. This bond regulates the activities of the importer who is legally liable for payment of duties, taxes & fees and compliance with customs and other government agency regulations pertaining to their imports. The purpose of this bond is to create a uniform payment of import duty concerning the goods imported.
Program: Our agency currently has several specialty programs that can help you place your Importer Or Broker Bond.
Importer Or Broker Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%.
Always check with the "Obligee" for details
Our application process for a Importer Or Broker Bond is easy. You can apply for the Importer Or Broker Bond Application .Find this bond for another state
Obligee InformationAn obligee is the entity that is requiring you to have the Importer Or Broker.
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