ISF Type 1 Commercial ISF + Bond
When a shipment is over the value of $2500 and the importer doesn’t have a continuous bond on file, an ISF bond needs to accompany the filing on the ISF. The bond value is $10,000 which is based on the maximum fine US Customs can issue per single ISF.
At NETbonds we are here to help this kind of importer by providing access through our integrated ABI software interface.
Do I need a ISF Type 1 + Bonds?
All ocean shipments being imported into the USA require an ISF attached to that import.