Monday, December 3, 2012

Activity Codes

Types of U.S. Customs Bonds

There are many different activity codes associated with US Customs bonds.  Most of these bonds are activity code 1, the importer bond; however, the other types of Customs bonds play an interesting role in global trade.  Below are some of the different types of Customs bond, and their general purpose:

Activity Code 1 – Importer Bond

Activity Code 1a – Drawback Payments Refund

Activity Code 2 – Custodian of Bonded Merchandise

Activity Code 3 – International Carrier

Activity Code 3a – Instruments of International Traffic

Activity Code 4 – Foreign Trade Zone

Activity Code 5 – Public Gauger

Activity Code 6 – Wool and Fur Products Liability Act

Activity Code 7 – Bill of Lading

Activity Code 8 – Detention of Copyrighted Material

Activity Code 9 – Neutrality

Activity Code 10 – Court Costs of Condemned Goods

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