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Single Entry Bond: What You Need to Know

Single Entry Bond What You Need to Know_featured
Take the guess work out of securing a customs bond when importing goods. All the information you need to compare single entry versus continuous bonds is included and how it all works.
May 29, 2020
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Last Modified: December 2, 2022

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Latest comments (6)

Darren Brundell

I have two (electric) race cars that are in the USA (exported from UK last year for some races) under ATA Carnet. They now want to stay in the US for an additional 12 months for next season so I've been told we can convert the Carnet entry to a TIB for this purpose. Would SEB be applicable or is this different to a TIB? Value of goods approx $880K.

if your goods are not valued less than 2500 dollars and not imported for sale or sale on approval, without payment of duty with the intent to export or destroy the goods within a certain period of time not to exceed three years from the date of importation you are better suited for a Temporary Importation under Bond

Hi, I have a shipment going into the US from Canada and then our courier will bring back the shipment when the rework is complete. We do not have a Broker to clear this shipment when it arrives at US customs at this time. Can we require to use an SEB so that the shipment will not be delayed at customs?

I think your better option would be a temporary import under bond if your goods are not imported for sale or sale on approval, without payment of duty with the intent to export or destroy the goods within a certain period of time not to exceed three years from the date of importation.

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