ENTRY BONDS

SINGLE TRANSACTION BONDS (STB):
May be used to cover a one-time importation transaction. 
*STB's are generally for the value of the merchandise plus duties, taxes, and fees. 
 

 

CONTINUOUS BONDS (CB): 
May be used to cover multiple importation transactions.
*CB's are usually 10% of the duties, taxes, and fees paid by the importer during the previous 12 months.
A Customs Bond (CBP Form 301) is a form of insurance policy (CONTRACT) between customs, the principal (I.E. IOR), and surety to ensure that all the duties and fees associated with the rules and regulations of importing or other customs activities are paid to customs by the principal. 

If the merchandise is subject to other government agency requirements or visa/quota requirements, the bond amount would be equal to three times of the total entered value.