frequently asked questions

What is a continuous bond?

Unlike single-entry bonds, which are purchased on a shipment-by-shipment basis, an AC1 continuous bond provides up to $50,000 coverage on all imports for 365 days from the date of issue.  Depending on the value of your cargo and regulatory requirements of other government agencies, the bond type may be adjusted to fit specific filing needs.

What if I don’t have a bond at the time of import?

Without a Customs bond, your cargo can and will be placed on hold by U.S. Customs & Border protection until a single entry or continuous bond is secured.  30 days after arrival, if the shipment has not been able to obtain a Customs release, the cargo can be sold or destroyed.

When could additional coverage be required?

Be careful, additional coverage may be required for:
Partner Government Agency Requirements
Anti-dumping & Countervailing Duties
History Of Claims

What if I have an active bond through another provider?

While an Importer can only hold one continuous bond on file at a time, this should not defer you from seeking services other Customs brokers or freight forwarders.  Green is happy to query the renewal timeframe of your bond and move this service to our surety upon expiration.

Do I have to use Green Worldwide Shipping for freight forwarding to purchase a bond?

Yes. In order to ensure the proper handling of cargo and claims, Green Worldwide Shipping should be the freight forwarder and Customs broker.