Import Customs Bond Cost Calculator โ Single Entry vs Continuous Bond
Calculate US customs bond cost for importers. Compare single entry bond vs continuous annual bond โ find the break-even number of imports per year.
๐๏ธ Import Customs Bond Cost Calculator
How to Use This Calculator
- Enter annual import entry count โ each formal customs entry (CBP Form 7501) requires a bond.
- Enter average shipment details โ cargo value, duty rate, and freight cost determine single-entry bond amount.
- Break-even rule of thumb โ if you're importing 6+ times/year at typical duty levels, continuous bond almost always wins.
Worked Example
24 entries/year, $45K cargo, 5.5% duty, $3,500 freight, $600 continuous bond.
- Single entry bond: MAX(0.5% ร ($2,475 + $3,500), $100) = MAX($29.88, $100) = $100
- Annual single: 24 ร $100 = $2,400
- Continuous: $600/yr
- Saving: $1,800/yr โ Continuous bond wins
At 6+ entries/year, continuous bond is almost always cheaper. The $600 annual premium covers unlimited entries vs $100 minimum per entry on single bond.
Frequently Asked Questions
A customs bond is a financial guarantee to CBP that you'll pay all duties, taxes, and fees owed. Required for all formal entries (imports over $2,500) and for all entry types regardless of value for controlled goods. The bond is backed by a surety company (think insurance). If you default on duties, the surety pays and then pursues you for reimbursement.
Your customs broker can usually arrange one. Major surety companies: Roanoke Trade, ICW Group, HSI (Hiscox). Continuous bonds are set at 10% of estimated annual duty liability, minimum $50,000 face value. Annual premium is typically 0.5โ1% of bond amount. The $600 annual premium example assumes a $50,000 minimum face value bond.