Customs & Excise require that every commercial importer/exporter maintains a Custom-bond to cover any shortfall created by an under-declaration of the tax due on imports and/or exports. Leadway’s Retention Bond guarantees to pay to Customs & Excise any such differential detected, though credit risk financing is excluded.
A sample bond for the Leadway Custom-Bond product can be downloaded here. Please read all the documentation relating to this product to ensure it fully meets your requirements.
Call 01-2800700 to speak with one of our Customer Service team.