Entry / Entry Summary

Bonds, Foreign Trade Zones & Bonded Warehouses

How CBP secures the revenue and how goods wait without paying duty: bond types, amounts and liquidated damages; in-bond movements; bonded warehouses and their classes; and foreign-trade zone statuses, forms and operator duties.

Entry / Entry Summary3 min read7 sections

Must-know for the exam

Basic importation bond (113.62): liquidated damages = value of goods, or 3x for restricted goods; late deposit = 2x unpaid duties or $1,000, whichever is greater.
Continuous bond (CBP 2024 guidance): 10% of prior 12 months' duties, taxes and fees, rounded up by $10,000 to $100,000, then by $100,000.
Bond terminations: principal's take effect at least 10 business days after receipt; surety's need reasonable notice, normally 30 days (113.27).
Missing documents: produce within 120 days of CBP's notice; one extension of up to 60 days (113.42-113.43).
In-bond: deliver within 30 days of arrival at origin (60 by barge); report arrival by EDI within two business days (18.1).
Warehouse: 5 years from importation; duty at the rate on withdrawal; bulk withdrawals of at least 1 ton (144.5, 141.69(a), 144.33).
Warehouse classes: 2 private, 3 public, 4 yards and tanks, 6 manufacture for export, 8 manipulation, 9 duty-free, 11 general order (19.1).
Zone statuses: privileged foreign, nonprivileged foreign, domestic, zone-restricted; privileged and zone-restricted cannot be abandoned (146.41-146.44).
Zone forms: 214 admission and status, 216 manipulation or manufacture, 3461 weekly entry; reconciliation within 90 days of year end (146.25).

On this page · 7 sections

Traps that cost marks

Stopping at two times the unpaid amount and missing the $1,000 floor.
Applying the three-times measure to unrestricted goods.
Using the single-value measure for restricted goods.
Forgetting to round up to the next $10,000.
Confusing the regulatory floor with guidance minimums for continuous bonds.
Counting Veterans Day as a business day.
Applying the principal's 10-business-day rule to a surety.
Confusing the filing window with the 10-business-day rider rule.

Why it matters on the exam

Bonds, warehouses and zones fill several of the 25 Entry / Entry Summary questions and turn up in the practical exercise. Expect a liquidated-damages amount, a zone-status choice or a warehouse class.

Bonds

Default	Liquidated damages	Cite
Late deposit of estimated duties only	2x unpaid duties or $1,000, whichever is greater	113.62(n)(4)
Failure to redeliver, other merchandise conditions	Value of the merchandise	113.62(n)(1)
Same, restricted or prohibited goods or alcohol	3x the value	113.62(n)(1)
Default not involving merchandise	$1,000 per default	113.62(n)(3)

19 CFR 113.62 (eCFR, as at 7 Oct 2026).

Bonds are at least $100 (113.13(a)); CBP gives 15 days to cure an insufficient bond (113.13(c)). Continuous bonds may be filed up to 60 days ahead (113.26). Custodians (carriers, warehouse proprietors) use the custodial bond (113.63); zone operators use 113.73.

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