Continuous Transaction Bond

All Continuous Transaction Bond are set by the Revenue Division of the National Finance Center in Indianapolis, Indiana. “Monetary Guidelines For Setting Bond Amounts” are on the CBP website at https://www.cbp.gov/document/directives/3510-004-monetary-guidelines-setting-bond-amounts

The minimum bond amount for continuous bonds is generally $50,000. For importers (code 1), the minimum continuous bond amount is $50,000 or 10 percent of the total duties, taxes and fees (DTF) paid in the previous 12-month period, whichever is greater. The imported values do not factor into the required limits. A different formula is used when anti-dumping entries are involved.

Please note that all bond amounts will be rounded up from $50,000 to the next whole dollar amount in multiples of $10,000 up to $100,000. After that the limit, the incremental limit is increased by $100,000 each level.

Examples: Up to $500,000 in annual DTF, a minimum $50,000 bond limit is adequate.

Between $500,000 and $600,000 DTF, then a minimum $60,000 bond is required

Between $1,000,000 and $2,000,000 DTF, then a minimum $200,000 bond is required.

Between $4,000,000 and $5,000,000 DTF, then a minimum $500,000 bond is required.

Single Entry Bond

Single Entry Bond amounts are set by the port director who accepts the bond. The bond amount for a single-entry bond generally is not less than the total entered value plus all duties, taxes, and fees. If merchandise is subject to other federal agency requirements or is restricted merchandise, the bond amount set is not less than three times the total entered value of the merchandise. Generally, only a registered Customs House Broker may obtain this bond for an importer (code 1).