Customs Bond Insurance

If your business involves logistics associated with commodities that have not undergone customs clearance, you will certainly need a guarantee for your potential customs liabilities. We will insure the required customs bond by assessing the needs of each client individually and offering favourable insurance terms and conditions.

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Types of Customs Bond Insurance we offer

The Customs Bond Insurance serves as a guarantee to the state that, in case the responsible individual/entity (the entrepreneur) does not complete the customs procedure and fails to effect the statutory tax payments to the state. Up to the amount of the principal debt, the state is reimbursed for such losses by the insurance.

The types of customs bonds are the following:

  • General customs bond
    For use within an extended period (within up to one year), and it allows temporary storage of commodities or completion of any other customs procedures with regard to the commodities.
  • One-off customs bond
    For a single customs procedure with secured temporary storage of the commodities. 

Why to choose BTA Customs Bond Insurance?

Our advantages:

  • we have many years of experience in the insurance of customs sureties;
  • we offer individual approach for every customer;
  • we offer discounts on the insurance premiums for the loyal BTA cooperation partners. 

Policy purchase options

The Customs Bond Insurance Policy can be purchased using one of the below options:

  • if you fill in the application form available on BTA website, an expert of BTA’s will contact you to find out the required details and prepare the insurance proposal, and send it to your e-mail address;
  • by calling BTA Customer Service Support at 26 12 12 12.
  • you may visit a BTA Customer Service Centre in person; 
  • you may contact a BTA agent, insurance broker.

Where can I find more information?

If you wish to receive additional information about the Customs Bond Insurance or its purchase, please contact BTA Customer Support by calling 26 12 12 12 or using any other means of communication you find most convenient for you. For other communication options, please click “Contacts”.