CARM: What all importers need to know about CARM

Terminology

S

Single Entry Bond

A bond that guarantees payment to U.S. Customs for one importation or ISF filing.

A single entry bond is good for only one importation or ISF filing. This means one bond and one premium must be paid for each and every shipment imported into the USA.

For shipments subject to ISF Filing, a separate bond is required for both the ISF and the customs entry.

Fees for Single Entry Bonds are assessed, based on the value of the individual shipment with no maximum fee.

Quick Tip #19
What freight quotation is best for your product?

Don’t sign off on a shipment until you have confirmed the quotation is the right match for your product.

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.