Customs Bond

A Customs Bond is a financial guarantee required by the U.S. Customs and Border Protection for importing, exporting, or storing international goods. The limit required is unique for each use of the bond, referred to as activity codes. Each code guarantees that the principal of the bond will pay all duties, taxes, penalties and fees assigned by the CBP. Securing the bond allows importers, exporters, carriers, warehouse operators, or other parties to participate in the movement of international trade.

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Jet is a unique member of the surety bond industry. We work directly with YOU to secure your bond! By cutting the middleman, you can avoid unnecessary agency fees that boost the price of your bond and drag out timelines.

Our in-depth underwriting and streamlined communication help to expedite the process of obtaining your Customs Bond. Why risk losing business because you couldn’t get the bond fast enough? We’ve got you covered!

What is the Lowest Price for the Customs Bond?

The lowest limit available for a Customs Bond is a Single Use Activity Code 1A import/export for $2,500. Because other limits can be set by the CBP for load volume, there is no maximum limit set. In many cases, we are able to quote the bond as low as 1% of the limit required, with a minimum transaction of $100. See the table below for rate examples based on the limit required.

Bond LimitMonthly1 Year
$2,500$10$100
$50,000$50$500
$200,000$200$2,000
Customs Bond Prices

In many cases, Jet offers a monthly payment option for the surety bond. This helps to reduce the large upfront cost that you’d see with other providers.

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What are the Different Activity Codes for the Customs Bond?

Activity Code 1 - Import/Export

Activity Code 1A - Drawback

Activity Code 2 - Warehouse

Activity Code 3 - International Carrier

Activity Code 3A - International Traffic

Activity Code 4 - Foreign Trade Zone

Activity Code 11 - Airport Security

If you still have questions about what activity quote you need, we suggest contacting your local Customs and Border Protection Agency office to confirm.

How to Apply for the Customs Bond With Jet

Jet keeps the application process short and sweet! Once completed, our underwriters will give you a call to provide a quote for your business or request any additional information. All Customs Bond applications will require basic business information and the owner's Social Security Number. Pricing for the bond is based on a financial review of the business and the owner, which does include a soft credit check.

Once the purchase is complete, Jet will file the new surety bond through the ACE (Automated Commercial Environment) portal. The bond is validated instantly by the CBP and sends confirmation back to us.

How Does a Principal Avoid Customs Bond Claims?

Because the bond covers multiple activity codes and each activity code has different requirements, there are many ways to avoid claims for your Customs Bond.

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: