Bonds - US Bonded Carrier
In-Transit Bond (IT Bond): A bond that allows a shipment to be transported or warehoused under U.S. Customs and Border Protection supervision until it is formally entered into the customs territory of the U.S. and duty is paid, or until it is exported from the U.S.
Single Entry Bond (SEB): A one-time bond that is issued to ensure compliance with U.S. laws and regulations.
In-Transit through the U.S.
Shipments moving in-transit through the U.S are not included in the Trade Act 2002 exemption and must be transmitted to CBP as T&E in-bond moves using the ABI in-bond format (QP/WP) or CAFES. Due to agreements with Canada and existing regulation, the CBP 7512B/Canada 8 1/2 must still be stamped or signed (when requested) in addition to the automated in-bond requirement of the Trade Act. CBP Officers have been advised to continue to stamp or sign the CBP 7512B when it is presented. The documents that CBP Officers should accept are as follows:
- A QP/WP 7512 to validate with a CBP 7512B to manually stamp or sign;
- A CAFES 7512 to process with a CBP 7512B to manually stamp or sign;
- A CBP 7512B with a QP/WP barcode affixed containing the 9-digit in-bond number (or QP01 plus the in-bond number). The in-bond data must be transmitted via ABI and accepted for validation by the CBP Officer using a PAPS script. The Officer should stamp or sign the CBP 7512B.
- A CBP 7512B with a CAFES barcode affixed. The CAFES must be accepted by the system and the Officer will print the movement authorization on the CBP 7512B (all copies).
Becoming a U.S. bonded carrier
- CBP Form 5106 must be completed and sent to The Department of Homeland Security U.S. Customs and Border Protection to obtain an Importer Number.
- A formal application must be submitted to U.S. Customs listing all company personnel, conveyance equipment, and types of merchandize carried, along with Corporate Documents, Authority Licenses, and a Declaration.
- U.S. Customs will review the information and make the appropriate investigations. Usually within 3 to 6 months you will receive a letter, and if approved you will be asked to post Surety in an amount anywhere from $25,000.00 upwards, depending on the size of your operation.
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