FAQ's

What is an ISF Bond?

The Importer Security Filing (ISF) is an electronic data transfer processed prior to the ocean vessel departure that is a required part of customs entry, and one necessary component of the filing is securing an ISF bond. The ISF bond serves as a financial guarantee that specific data points are provided to CBP in a timely and efficient manner before ever loading the cargo on an ocean vessel. An ISF bond is a particular type of customs bond. Customs bonds are categorized into activity codes that are designed to cover more specific usages common in international trade.

An ISF bond is designated as an “Activity Code 16 – Importer Security Filing (ISF) Bond” by the U.S. Customs and Border Protection. An ISF bond is a financial guarantee that exists between three major parties:

  • The Obligee – The U.S. Customs and Border Protection (CBP)
  • The Principal – The importer of record (IOR)
  • The Surety – The insurance company that underwrites the bond

ISF bonds can either be single transaction or continuous bonds, based on the specific needs of the company. A single import bond is valid for a single transaction, while a continuous bond covers all imports made over the course of a 12-month period. It is necessary to decide what is the most cost-effective option based on the needs of the individual business.

Continuous customs bonds of other activity codes than the ISF activity code 16 may fulfill the ISF bonding requirement. These activity codes include:

  • Activity Code 1 – Import Bonds
  • Activity Code 2 – Custodian of Bonded Merchandise
  • Activity Code 3 – International Carrier
  • Activity Code 4 – Foreign Trade Zone Operator

Related Content You Might Have Interest In

Our Latest Articles


What is the Better Recovery Option – Carrier’s Legal Liability or Cargo Insurance?

As featured in 3PL Perspectives Magazine in October 2023 Shippers must understand the differences in recovery options and choose the best and most cost-effective method to safeguard their financial interests. Property brokers and forwarders can assist customers by providing insightful guidance on these commonly misunderstood options. Rules of the Road – Interstate Shipments Since 1906, […]

Roanoke Appoints a New Regional Vice President and Head of Sales

Roanoke has appointed two key leaders to new roles, effective November 1, 2023. Please join us in congratulating Patrice Lafayette for accepting the position of Regional Vice President, Western Region, and Grant Goldsmith, who has accepted a position as Head of Sales. Patrice has been a steadfast leader of Roanoke’s Western Region for more than […]

Clearing the Hurdles: How to Successfully Navigate Project Cargo Risks

Written by Andrew Johnson & featured in the American Journal of Transportation Imagine you have spent six months planning and bidding the transportation of a large piece of equipment. The shipment travels from origin to port and is loaded onto an awaiting vessel for the ocean voyage to the destination port. The equipment is offloaded […]

Sign up for our latest articles and events.

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173


CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Solutions that Go the Distance.

© 2021 Roanoke Insurance Group Inc. A Munich Re company

Better Business Bureau logoCoverholder at Lloyd's logo