Continuous Customs Bond

Definition

A customs bond is a critical form of insurance designed to protect the U.S. Treasury should an importer fail to pay the required duties, taxes, fines, or fees incurred on their commercial imports. A Continuous Customs Bond (CCB) is the most efficient type, covering all imported shipments for one full year from the date of issue.

Bond Types

Importers typically choose between two types of customs bonds:

• A Single Entry Bond (SEB), which can only be used for a single import transaction.

• A Continuous Entry Bond (CCB), which covers all import shipments for one year.

Core Requirement

Logicmile Logistics Consulting requires that importers ship under a Continuous Customs Bond. This ensures streamlined customs clearance across all your import operations and minimizes delays. Note that a CCB can be utilized by multiple customs brokers simultaneously, providing essential flexibility if you manage operations across different U.S. markets.

Purchasing and Fees

You can purchase your Continuous Customs Bond through our preferred partners, often securing a lower rate than what many other brokers charge. If you are interested in setting this up, please let us know, and we will get the process rolling quickly.

It is vital to understand that the purchase of a Continuous Customs Bond does NOT cover the customs clearance fee. You will be charged a separate customs clearance fee for every individual shipment processed.

Renewal Support

If your CCB requires renewal, your dedicated account management team will proactively assist you. We monitor renewal dates and will remind you about a month before your bond renewal date to ensure continuous coverage and avoid disruptions to your supply chain.