New Bond Guidance on How CBP Sets Amounts

New Bond Guidance on How CBP Sets Amounts

U.S. Customs and Border Protection (CBP) has published a new public bond guidance—announced in a Cargo System Messaging Service (CSMS) on February 13. The change to the guidance provides updates to the official procedures for determining bond amounts. The following are key highlights of the changes. All continuous bonds are set in increments of $10,000…

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