A Single Transaction Bond (STB) is a customs bond required for a one-time import shipment, ensuring compliance with U.S. Customs and Border Protection (CBP) regulations. Unlike a Continuous Bond, an STB is transaction-specific and must be purchased at the time of filing either an Importer Security Filing (ISF) or an Import Entry Filing (IEF). Since pCustoms streamlines the filing process, there is no separate module for purchasing STBs in advance; users simply select "Single Transaction Bond" in the Bond Type field during their filing. Let's dive into this step-by-step guide on how to purchase a Single Transaction Bond in pCustoms efficiently.
Single Transaction ISF Bonds
Single transaction importer security filing (ISF) bonds can be purchased when filing your ISF in the new ISF form by selecting:
Bond Type → Single Transaction:
The issuance of bonds is subject to preliminary validation and approval by the surety. As a result, bond processing may require a standard timeline of 2-3 business days, contingent upon the completeness and accuracy of the submitted information.
Single Transaction IEF Bonds
Single transaction import entry filing (IEF) bonds can be purchased when submitting your IEF in the new IEF form by selecting:
Bond Type → Single Transaction Bond:
Single Transaction IEF Bond values are entry-specific and require preliminary HTS validation by a customs broker to estimate duty. The request will automatically be sent to a customs broker when you submit your new IEF. As a result, IEF bond processing may require 4-5 business days, contingent upon the completeness and accuracy of the submitted information.
Purchasing a Single Transaction Bond (STB) in pCustoms is a straightforward process that ensures compliance with U.S. Customs and Border Protection (CBP) for one-time import shipments. Since STBs are transaction-specific, they must be selected during the Importer Security Filing (ISF) or Import Entry Filing (IEF) process under the Bond Type field. ISF Bonds typically take 2-3 business days for approval, while IEF Bonds require HTS validation by a customs broker before final processing with surety, which may also take 4-5 business days. pCustoms streamlines this workflow, allowing importers to purchase and manage their bonds efficiently, ensuring smooth customs clearance.