Subsequent In-bond Application 2025

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Subsequent Bond means any Bond issued after the Issue Date on one or more occasions.
The carrier that is supposed to take possession of the merchandise under the bond for transportation to the port of exportation or the destination port. Any legal agent or person that has sufficient interest in the cargo as shown in the manifest, bill of lading, certificate of importing carrier or any other document.
A surety bond application is a form required by the surety carrier. It provides the basic information needed about the bond and the principal for the approval process. It also often serves as the legal contract between the surety carrier and the principal.
Bail vs. Bond Bail is the money a defendant must pay in order to get out of jail. A bond is posted on a defendants behalf, usually by a bail bond company, to secure his or her release. Defendants with pending warrants are usually not eligible for bail.
The bond protects the employer against losses an employee may cause, including wrongful, fraudulent or criminal activities. If, for example, an employee steals property from the employer or leaves the job before completing a task, the bond can cover the value taken or lost.
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Except for merchandise to be transported via barge, merchandise to be transported in-bond must be delivered to CBP at the port of destination or port of exportation within 30 days from the date of conveyance arrival at the origination port (if the in-bond application has been received and approved prior to conveyance

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