Glossary
Continuous Bond
A bond filed with customs to ensure payment of any duties or penalties owed on imported goods.
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What is a Continuous Bond?
A continuous bond is a type of customs bond that is required by the U.S. Customs and Border Protection (CBP) for certain importers, carriers, and other parties involved in international trade. The purpose of a continuous bond is to ensure that these parties comply with all relevant customs regulations and pay any duties or fees owed to the government.
A continuous bond is a type of surety bond that is issued by a bonding company and guarantees payment of any duties, taxes, or penalties that may be assessed by the CBP. The bond is in effect for a one-year period and is renewed annually.
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