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Need an Activity Code 3 Bond? We can help you apply, obtain and file your bond with the CBP. We make it easy!
All commercial carriers are required to have an International Carrier Bond (ICB) in place with Customs and Border Protection prior entering or exiting the US. This includes any owner, operator, or charter for hire with a vessel, vehicle or aircraft arriving from/leaving to a foreign country.
ICBs, also known as Activity Code 3 Bonds, ensure that all goods and passengers are properly manifested. They allow an importer to take possession of its goods without having to wait for Customs clearance. They also ensure that the carrier is paying their passenger processing fees in a timely manner, and that Customs officials are paid for any overtime incurred.
The size of your Activity Code 3 Bond is determined by the CBP based on a variety of risk factors. An ICB can be issued either as a single-entry or an annual/continuous bond.
As one of the largest Customs Bond providers in the US, DB Schenker will help you get the right bond at the best price. We’re here for you the entire process. We only work with A+ rated Surety providers — we’ll get you bonded quickly, painlessly, and without hidden fees. And once your bond is issued, we’ll electronically file it to ensure fast compliance!
Also known as:
International Carrier Bond
Activity Code 3 Bond
Activity 301-3 Bond
What is an International Carrier Bond?
International Carrier Bonds are Activity Code 3 Bonds and ensure that passenger and goods manifests are accurate. They also guarantee that the US Customs and Border Patrol is paid duties, passenger processing fees, and overtime. Owners and operators of ships, trains, trucks and aircraft entering/leaving the US from/to another country are required to be bonded prior to entry.
What is an Activity Code 3 or Activity 301-3 Bond?
Activity Code 3 or Activity 301-3 Bonds are also known as International Carrier Bonds. See “What is an International Carrier Bond?” for more information.
How much International Carrier Bond coverage do I need?
The size of your bond is determined by the CBP. The minimum bond amount is typically $25,000, but the Port Director at your main point of entry may stipulate a larger amount based on certain risk factors.
How much does an International Carrier Bond cost?
The cost of an International Carrier Bond is calculated according to the size of your bond. The bond size is determined by the US Customs and Border Protection’s Port Director at your primary port of entry.
What are the International Carrier Bond requirements/conditions?
Prior to obtaining a bond, you must submit an application letter to the CBP at your intended primary port of operation. Your letter will include details about your cargo and passengers, your method of transportation, the country(ies) you will be traveling to/from, and information regarding your firm’s officers and personnel, etc. Please contact DB Schenker Trade Solutions for more information about submitting an application letter.
Once your application letter is approved by the CBP, we can start to process your Activity Code 3 Bond. When your bond is ready, you should have what you need to file your bond with the CBP using the Customs Form 301.