Customs
Customs Bond
Also known as: Customs guarantee, Customs surety bond
A financial guarantee presented to customs authorities to ensure compliance with customs obligations, such as payment of duties or return of temporarily imported goods.
Also known as: Customs guarantee, Customs surety bond
A financial guarantee presented to customs authorities to ensure compliance with customs obligations, such as payment of duties or return of temporarily imported goods.
A customs bond is a financial instrument that guarantees customs authorities that the importer or exporter will fulfill their obligations. It can take the form of a surety bond, cash deposit, letter of credit, or other financial instrument accepted by customs.
Temporary Import
Regime allowing foreign goods to enter for a limited period without duty payment, with the obligation to return them abroad.
CustomsPrecautionary Seizure
A precautionary measure by which customs authorities retain goods when irregularities are detected during clearance or verification, such as discrepancies in classification, value, origin, or documentation.
RegulationsIMMEX (Maquiladora Program)
Mexican government program that allows temporary duty-free import of goods for manufacturing, assembly, or repair for export.
CustomsCustoms Clearance
The complete set of procedures and formalities required for goods to legally enter or exit a country through customs.