US Customs Bonds
The very first product from NETbonds were US Customs Bonds. As we change and evolve, its important not to forget how you started, and with us it all started from the idea of getting a customs bond online. NETbonds now offers all types of Customs Bond and FMC bonds for our customers. With our NETbonds cloud service, all bonds are accessible online as part of our online document library.
NETbonds Importer/Customs Bonds
Get your NETbonds Type 1 $50k Importer Bond now. Its fast, easy and priced right. Get you bond in less than 72 hours, it will be emailed to as a pdf. It also will be uploaded in our cloud on your client portal and accessible 24/7.
Type 1 $50k bond for $269
Type 1 Importer Customs Bonds
Type 2 Custodian of Bonded merchandise
Type 3 Custodian of Bonded merchandise
FMC
Bonds
Single or Multi-Year Bonds
NETbonds offers single-year and multi-year packages with the best pricing in the market. With multi-year packages you can lock in current low rates and save money too. NETbonds continuous customs bonds are all one year bonds, the multi-year packages enables you to prepay renewals and save.
Type 1 Continuous Larger Bond Pricing:
Broker Bond Packages
NETbonds bond packages are made for the broker selling bonds on behalf of their client. Our system enables you to create sub accounts for each of your clientele. In addition to emailing you a pdf copy of the bond, NETbonds uploads it into your sub account. All the bonds are organized and available in the cloud at anytime.
There is no expiration date of your bond package. Once purchased you can buy bonds for your customers at will. Their bond will be effective for one year. Lower your net/net costs with NETbonds.
Type 2 – Custodian of Bonded Merchandise
Custodian of Bonded Merchandise (continuous bond code 2) covers the activities of bonded merchandise warehouses, carriers and container stations. All of these business types are responsible in the course of their activities for merchandise which has not yet been entered into the commerce of the United States and on which duties are still due. Such goods are referred to as being in-bond.
How to get a Quote
Login online and fill out our application. A financial statement will be requested to determine the rate and acceptance. Acceptance may also require an indemnity agreement – see Customs bond FAQ for further info on a financial statements and indemnity agreement.
Type 3 – International Carrier Bonds Bond
International Carrier Bond (continuous bond code 3) ensures operators properly manifest all goods and passengers they carry, pay for the overtime services of Customs officers and comply with all regulations related to the clearance of their vehicles. Also, this bond can be used for compliance with users of the AMS system.
How to get a Quote
Login online and fill out our application. A financial statement will be requested to determine the rate and acceptance. Acceptance may also require an indemnity agreement – see Customs bond FAQ for further info on a financial statements and indemnity agreement.
FMC Bonds
What is an OTI Bond?
OTI (Ocean Transportation Intermediaries) bonds are regulated and required from the FMC (Federal Maritime Commission). The are a financial requirement to be met by all OFF (Ocean Freight Forwarders) and NVOCCs (non-vessel-operating common carriers) to become licensed and operate in the United States.
Who is the FMC?
The Federal Maritime Commission (FMC), the agency regulating international ocean transportation, requires Ocean Transportation Intermediaries (OTIs) to provide proof of financial security in the form of a FMC-48 surety bond.
OFF (Ocean Freight Forwarder) Bonds
The OFF Bond, also known as an Ocean Freight Forwarder Bond, is required by all those engaged as Ocean Transportation Intermediaries (OTI’s) and guarantees compliance with the Ocean Shipping Reform Act.
Domestic NVOCC Bonds
The Non-Vessel Operating Common Carrier Bond, also known as an NVOCC Bond, is required by all those engaged as Ocean Transportation Intermediaries (OTI’s) and guarantees compliance with the Ocean Shipping Reform Act
Currently, a domestic NVOCC is required to execute a $75,000 NVOCC Bond (Form 48); and a $150,000 NVOCC Bond is required for a foreign NVOCC. If there are several NVOCC branches domestically, each one of the branches will add $10,000 to the NVOCC Bond total.
Foreign NVOCC Bonds
The Non-Vessel Operating Common Carrier Bond, also known as an NVOCC Bond, is required by all those engaged as Ocean Transportation Intermediaries (OTI’s) and guarantees compliance with the Ocean Shipping Reform Act.
Currently, a domestic NVOCC is required to execute a $75,000 NVOCC Bond (Form 48); and a $150,000 NVOCC Bond is required for a foreign NVOCC. If there are several NVOCC branches domestically, each one of the branches will add $10,000 to the NVOCC Bond total.
Let us be your one stop shop for Freight, Bonds and US Customs
