Recently, we have noticed CBP rejecting entries and demanding single transaction bonds (STBs) from importers who already have valid continuous bonds in effect. There are various reasons why CBP may do this, all of which involve CBP perceptions of abnormal or extraordinary risk associated with the transactions in question. In recent months, for example, this mostly occurred where CBP suspected transshipments of goods, followed by misstatement of country of origin at the time of entry, in an attempt to evade antidumping duties (ADD).

There is concern of serious financial exposure any time CBP demands an STB when the importer already has a continuous bond. Therefore, please note that you must obtain approval from your bond service representative before issuing an STB demanded by CBP when a continuous bond written by any surety is already in effect, regardless of commodity.

FastBond™ users have the advantage of receiving a warning message when attempting to issue an STB where Roanoke Trade provides the continuous bond; but please advise us any time you believe a bond demanded by CBP may fall outside normal requirements or amounts.

Thank you for your cooperation and please contact your Roanoke Trade bond service representative if you have questions.

Sincerely,