- Use your ACE portal access to review all entries under your IOR, the entire view and activity
- Work with your procurement departments to determine the future projections of the value of the imports and their duty impact
- Stay informed and adaptive. Sign up to our newsletter for updates link this.
We want to ensure that you and your companies stay ahead of the risk of Bond Saturation. Work with the broker or surety that manages your bond to closely monitor its activity and stay ahead of saturation!
What is What is Bond Saturation?
Bond Saturation occurs when duties, taxes, and fees paid over the previous 12 Months reach or exceed the value of the Customs Bond prior to its renewal date.
Why Does This Matter?
Preparing and monitoring your US Customs bond for saturation is critical to ensuring smooth and compliant import operations.
By assessing your import volume, evaluating bond coverage, and implementing effective monitoring techniques, you can prevent bond saturation and maintain compliance with customs regulations.
Additionally, being proactive in response to potential tariff implementations through diversification, negotiation, and optimized inventory management can help mitigate impacts on your business. Stay informed, remain adaptable, and leverage the support of trusted partners to navigate the complexities of international trade successfully.
Key Action Items
- Use your ACE portal access to review all entries under your IOR, the entire view and activity (not solely what CASAS might be handling for your company). A comprehensive view is crucial to picture your bond's activity accurately. This should be done daily or weekly, particularly if your bond is valued at $50K USD or more.
If your company has not historically paid duties and begins to do so, and your duties, taxes, and fees exceed $50K monthly, your bond will likely be saturated and require an increase. Increases are made in increments of $10K.
Once bonds need to go to $100K, increases are made in increments of $100K and will likely need to be vetted by the sureties. Bonds of this size require time and financial backing, so be prepared to act fast and inform your finance departments now if you foresee needing bonds of this size.
We recommend running report ES-006 Entry Summary Dimensions by Value. This report provides an aggregate summary of the number of entry summaries, number of entry summary lines, total value, and total duty broken out by manufacturer, importer, filer, and HTS Number. These breakouts are on 4 separate tabs in the same report: Summary by Manufacturer, Summary by Importer, Summary by Filer, and Summary by HTS Number. - Work with your procurement departments to determine the future projections of the value of the imports to be entered into the USA and the duty impact so that you can monitor your bond for potential saturation. Customs does NOT know your PO forecast. One entry can saturate your bond!
- Stay Informed and Adaptive. Our current environment is changing rapidly, and staying informed about changes in tariff regulations and trade policies is essential. Look out for our emails and bulletins, subscribe to industry newsletters, listen for industry direction, and maintain close contact with trade associations to stay abreast of developments and adjust your strategies accordingly.
