This bond ensures operators properly manifest all goods and passengers they
carry, pay for the overtime services of Customs officers and comply with all
regulations related to the clearance of their vehicles.
Bond Amount Calculation for International Carrier:
Activity 3 - International Carrier - Continuous: When the bond is to secure activities, including requested overtime services, related to the entry or clearance of vessels, vehicles, or aircraft which arrive directly or indirectly from any place outside the customs territory of the United States, the bond limit of liability amount shall be fixed in an amount the district director may deem necessary to accomplish the purpose for which the bond is given, but not less than $25,000. In addition, the district director has full responsibility for setting bond limits at higher amounts, up to $250,000 as deemed necessary, for carriers with past narcotics violations and/or those originating from high-risk drug areas.
TRG Underwriting Requirements:
Fully completed bond application form,
completed Power-of-attorney form, completed Customs Activity Code 3 bond
application form, completed TRG C3 Bondholder Questionnaire, and most recent
company financial statements. More documentation is required for
First Time Activity Code 3 Bond Applicants.