Import bonds, Cargo Insurance, Direct Filing, HTS Classification by TRG
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Trade Risk Guaranty is an industry’s expert in U.S. importing solutions located in Bozeman Montana 59718

Customs Bond, Shipping Insurance, Direct Filing, HTS Solutions from TRG


Foreign Trade Zone

What is an Activity Code 4 - Foreign Trade Zone Bond?
A Foreign Trade Zone (FTZ) is considered non-U.S. territory for Customs’ purposes and foreign goods placed into FTZ may be manufactured, manipulated, repacked or exported without paying duties. The Activity Code 4 Customs Bond, required to be filed by all FTZ operators, is a guaranty to the U.S. government, from an insurance company, that the FTZ will follow all rules governing FTZ’s. If any rules or regulations are not followed and if any duties, fines or penalties arise as a result, the FTZ must pay Customs & Border Protection, and if they do not, the insurance company will be required to pay. The bond further allows the insurance company to seek any legal means to recoup any monies paid on behalf of the FTZ.
TRG Underwriting Requirements: These bonds are strictly underwritten but are available to Trade Risk Guaranty if strong financial statements or an irrevocable letter of credit are supplied.
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Trade Risk Guaranty (TRG) Brokerage Services LLC is a licensed insurance agency, having agency agreements with Hanover Insurance Company of Worcester, Massachusetts and Hudson Insurance Company of New York, New York, both of which are insurance companies approved by the Department of the U.S. Treasury to issue U.S. Customs bonds.

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