According to the latest news, boxes sent to the United States have been intercepted by customs recently, and severe return measures have been taken. The reason why the U.S. Customs does this is because the latest customs regulations: all unregistered goods cannot be imported unless the owner himself conducts import customs clearance. To avoid this risk, you must buy the legendary “BOND”! Only by buying bond import insurance can you maintain a high customs clearance rate for goods today when the U.S. Customs strictly checks e-commerce imports.
What exactly is Bond?
In fact, Bond has been around for a long time, but many sellers are still unfamiliar with it. First of all, Bond is a commercial insurance that mainly acts on import companies (the United States) when they encounter force majeure factors (such as having to pick up or abandon goods). Once the U.S. Customs seals your e-commerce imports, it has the right to conduct an expected auction of the goods and ask the insurance company for shipping fees in the United States and other expenses. Bond equivalent insurance is to prevent this from happening.
It is recommended that cross-border sellers do not refuse to buy Bond equivalent insurance in order to save trouble and reduce costs. You should know that in the eyes of the U.S. Customs: as long as you do not purchase Bond insurance, it is almost equivalent to not filing for customs clearance at the U.S. Customs. At that time, not only will all goods be confiscated, but you will also need to accept fines from the relevant departments.
Anyone who has read the official website of the U.S. Customs Information almost knows that Bond itself is not a legal institution, but an American import management company. This company undertakes the work of guarantee and bears the responsibility for fines for all goods that intend to enter the United States. If Chinese merchants are worried that the U.S. Customs will detain non-compliant goods, they need to check whether their bond insurance has expired in a timely manner.
Some sellers want to ask: If the value of the goods is relatively high, even exceeding US$2,500, or it is a special product (such as fresh food products, seeds, etc.), can it still be applied for bond insurance? All products entering the port with a large amount of money or within the scope of entry management commodity control need to consume Bond insurance in advance to ensure that there is no risk.