What Is a Single-Entry Bond? Clear Definition and Practical Details

Single-Entry Bond A customs bond obtained for a specific U.S. import transaction when a continuous bond is not used.

The Single-Entry Bond guarantees that an importer (or other party responsible for the entry) will pay duties, taxes, and any other obligations to U.S. Customs and Border Protection (CBP) for a single import entry. It is issued for one import transaction — typically one shipment or arrival — and expires when the import entry has been finally liquidated or when CBP accepts the entry's release conditions have been satisfied.

How It Works

A single-entry bond is a contractual agreement between three parties: the principal (importer or their broker), the surety company that issues the bond, and CBP as the obligee. The bond ensures payment of duties, taxes, fees, and any penalties that may be assessed on that specific entry. If the principal fails to meet its obligations, the surety pays CBP up to the bond amount and then seeks reimbursement from the principal.

When Importers Use A Single-Entry Bond

Importers typically select a single-entry bond in these circumstances:

• Occasional Imports: A company that imports infrequently and does not want or qualify for a continuous bond purchases single-entry coverage per shipment.
• One-Off Shipments: High-value or unusual shipments where the importer or consignee prefers to isolate risk to that single entry.
• Customs Requirement or Clearance Choice: When a customs broker or CBP filing calls for a bond for a specific entry — for example, for an informal or formal entry requiring security for duties and fees.

What The Bond Typically Covers

• Duties And Taxes: Payment of assessed customs duties, tariffs, and excise taxes associated with the entry.
• CBD Penalties And Fees: Fines, penalties, and administrative fees that CBP may levy if laws or filing requirements are violated.
• Costs Of Seizure Or Forfeiture: Limited coverage for reimbursement of amounts CBP is entitled to collect as a direct result of the entry.

How Single-Entry Bonds Differ From Other Security Options

Unlike continuous bonds, which provide ongoing coverage for many entries over a period (often 12 months), a single-entry bond secures only one entry. A cash deposit or other forms of security are alternatives; a single-entry surety bond is often quicker to arrange than posting full cash at the port but does involve a surety underwriting process.

Practical Example

A small retailer imports a pallet of goods once every few months. For a particular shipment arriving at Port X, the freight forwarder requests a bond to secure duties and fees while the entry is processed. The importer or its broker purchases a single-entry bond issued by a licensed surety; CBP receives the bond information with the entry filing. Once CBP accepts and liquidates the entry, the bond obligation ends.

Tips For Procuring And Managing A Single-Entry Bond

• Work With A Licensed Broker Or Surety: They know CBP requirements, the information a bond needs (entry number, port of arrival, consignee name), and typical underwriting steps.
• Provide Accurate Entry Data: Mistakes in invoice value, HTS classification, or consignee details can delay release or trigger disputes that impact the bond.
• Keep Records: Retain the bond certificate, entry documents, and proof of payment until the entry is finally liquidated by CBP.

In short, the Single-Entry Bond is the standard, narrow-purpose CBP bond used to secure one import transaction when a continuous bond is not appropriate. It protects CBP’s revenue interests for that entry and offers a practical option for occasional or isolated imports.