Customs bonds
Single Transaction Bond (STB)
A single transaction bond (STB) is a customs bond that covers one entry or one activity, not all entries of a year.
What does Single Transaction Bond (STB) mean?
An importer without a continuous bond needs a single transaction bond for each entry that requires a bond. CBP can also require an STB as additional security when a continuous bond is not sufficient.
For a basic importation and entry STB, the amount is generally at least the total entered value plus all duties, taxes and fees. For unconditionally duty-free goods, it can be 10 percent of the entered value.
For goods that another agency restricts, the bond is three times the value of those goods, and not less than $100. Other rules apply to AD/CVD goods and temporary importations.
A surety issues the STB, or the importer deposits cash in lieu of a surety. CBP needs the bond on file before it releases goods on a formal entry.
What does it mean for your shipment?
For one or two shipments a year, an STB can cost less than a continuous bond. For regular imports, compare the total cost of the STBs with a continuous bond.
Allied CHB, licensed customs broker, CBP filer code 9AJ.
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All glossary terms · General information, not legal advice.