GlossaryEN1 min readUpdated: Jun 18, 2026
CBP Bond Requirement
Unlike a mere customs declaration, a CBP Bond is a legally mandated financial guarantee that U.S.
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Source: https://www.cbp.gov/trade/programs-administration/bonds
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Passar Hub: Everything on the new Swiss customs system
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Definition & Explanation
Unlike a mere customs declaration, a CBP Bond is a legally mandated financial guarantee that U.S. importers must post with U.S. Customs and Border Protection before goods can be released into commerce. It secures payment of all duties, taxes, fees, and other customs claims that may arise. A Continuous Bond, renewed annually, covers recurring shipments; a Single-Transaction Bond covers one-time imports. Bond amounts are set in relation to the value of imports and the associated duty risk. If an importer defaults on customs obligations, CBP draws on the bond, with the issuing surety company liable to the government for the outstanding amount.
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⚡ Current 2026
Passar Hub: Everything on the new Swiss customs system
Passar replaces E-dec and NCTS. Passar 1.0 (export) is live, Passar 2.0 (import) starts from Q2 2026. Roadmap, ePortal registration, deadlines and FAQ — all on one page.
Passar 1.0Passar 2.0 → Q2 2026Passar 3.0 → Q2 2027
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