Foreign Trade Zone Operator Bonds

A foreign-trade zone is typically located near a U.S. Customs Port of entry and is under U.S. Customs’ supervision. These Zones are considered outside United States territory (for commerce purposes) upon activation. Such foreign and domestic merchandise would include purposes for storage, exhibition, assembly, manufacturing and processing.

This type of Bond is usually not less than $50,000 however the bond amount can only be determined by U.S. Customs. Based on the various different types of foreign-trade zone operations, you must receive specific approval from the local port to act in this capacity and Customs will need to be contacted prior to submitting a bond application

Click here for more information on how to establish a foreign-trade zone. Customs has additional information on their website. A link to this website is linked below:

CBP: About Foreign-Trade Zones & Contact Info

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Tyler Debord

Surety Practice Leader