TRG is the industry’s expert in U.S. Customs bonds. All Customs bonds are financial guarantees between 3 parties: the Insurance/Surety company issuing the bond, the Principal (who is required to file the bond), and Customs & Border Protection (CBP). The TRG customs bond guarantees Customs & Border Protection that if they cannot collect monies due from the Principal they can seek remedy, up to the bond amount, from the Insurance/Surety company. The TRG bond also indemnifies the Insurance/ Surety company, allowing them to use any legal means to collect from the Principal any monies that were paid to CBP on the Principal’s behalf.
To apply for a customs bond or get a quote please contact Sarah Braun, 847-756-7531 or sbraun@traderiskguaranty.com.
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