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If the importer does not have a continuous bond, will a single entry bond suffice for ISF purposes?

April 26, 2017Bond Continuous importer ISF purposes suffice

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If the importer does not have a continuous bond, will a single entry bond suffice for ISF purposes?

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• No. The importer must have a continuous entry bond in force, or the new ISF bond which CBP has authorized. However, at this time, no information is available from FgL’s sureties as to the availability & pricing of this bond. Alternately, the ISF filer may use its’ own bond (i.e. the broker’s bond). See Fees for information on pricing. NOTE: CBP has suspended the bond requirements for the duration of the flexible enforcement period, being Jan. 26th, 2009 through Jan. 25th, 2010. Is freight which is merely transiting the USA (imported but then exported under inbond conditions (IE, T&E)) required to have a security filing? • Yes; the primary difference between IE/T&E cargo and regular imports is that only five data elements are required. Please see the CBP presentation for a glimpse of this information. If CBP is not issuing Do Not Load messages for failure to file timely, and is also not assessing penalties, what incentive does an importer have to file? • CBP will be issuing “report ca