Providing the relevant authority (typically HMRC) with a customs bond allows your business to defer duty on imports, exports, or excise duties on your goods for a defined period of time thus helping to improve cashflow. These bonds can also save your company from paying duties on goods passing through in transit. The type of customs bond you require will depend on what you are looking to achieve. Types of bonds include but are not limited to, duty deferment guarantees, movement guarantees and customs comprehensive guarantees.

Who are they for? Importers, Exporters, Logistics companies