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
No comments:
Post a Comment