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How is the type 3 CBP International Carrier Bond amounts set?

April 26, 2017amounts Bond CBP International type

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How is the type 3 CBP International Carrier Bond amounts set?

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AMS participants, including NVOCCs, are required to have a type 3 CBP International Carriers Bond. CBP has issued guidelines on these bonds to our field offices. The minimum bond amount has been established at $50,000.00, but the amount may be higher. Actual bond amounts are determined by the port director where the bond is filed and are based on risk.