{"@context":"https://schema.org","@type":"DefinedTerm","name":"Customs procedure security","description":"When a customs procedure such as external transit, customs warehousing, inward processing, or temporary admission is opened, the customs authority requires financial security as proof that any resulting customs debt can be recovered. Security may take the form of an individual guarantee covering a single transaction or a comprehensive guarantee spanning multiple procedures, and is typically provided as a bank surety bond or cash deposit. In EU customs law, the Union Customs Code (UCC) sets out t","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/customs-procedure-security","inLanguage":"en","dateModified":"2026-06-22T20:01:08.690661","citation":"https://ec.europa.eu/taxation_customs/customs-4/union-customs-code_en","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/customs-procedure-security","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Customs procedure security · When a customs procedure such as external transit, customs warehousing, inward processing, or temporary admission is opened, the customs authority requires financial security as proof that any resulting customs debt can be recovered. · Quelle: https://ec.europa.eu/taxation_customs/customs-4/union-customs-code_en"}