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Activity Code 1 – Import Bond
Activity Code 1 – Import Bond
19 CFR § 113.62 – May be written as either a single transaction or continuous bond.
The most common type of U.S. Customs Bond is an Activity Code 1 bond, also referred to as an import bond. An import bond is required on all commercial shipments of goods valued over $2,500 to lawfully enter the commerce of the United States. An import bond is also required on any shipment into the U.S. that is subject to other U.S. government agency requirements. For example, vehicles are subject to review by the Environmental Protection Agency and Department of Transportation and food products are subject to review by the Food and Drug Administration.
Import bonds may be written as single transaction or continuous:
- A single transaction bond can only be used for one customs transaction.
- A continuous bond is a self-renewing bond that covers all customs transactions through any port of entry.
Activity Codes 11 (Airport Customs Security Area) and 16 (Importer Security Filing) obligations can also be secured by this bond.
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