A single transaction bond (STB), or single entry bond, is an indemnity procured by an importer and provided to Customs to assure payment of duties, taxes, fines, and penalties associated with the compliant import of cargo. A STB is generally in an amount not less than the total entered value, plus any duties, taxes, and fees. The amount of any CBP bond must not be less than $100, except when the law or regulation expressly provides that a lesser amount may be taken. Often, bonds are purchased from Customs brokers. A STB is procured for each shipment; whereas, a continuous bond is purchased for a defined time period.
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