Selecting a multi-year billing cycle can save your business money over time by allowing you to pay for multiple years at once. Not only is the annual cost lower, but a multi year bond also means that you only pay one ASI fee for multiple years.
A multi year billing cycle cuts down on your annual paperwork since you will not have to go through the process of renewing your bond with your Surety every year. Once your billing cycle is selected and the bond is in place, TRG will only reach out to you if there is any issue you need to be aware of or to help navigate a claim.
*All bonds are subject to an annual underwriting review.
The international trade industry is an ever-changing landscape of new rules and regulations. But your bond can remain consistent. Selecting a multi year billing cycle allows you to lock in the pricing of your U.S. Customs Bond for up to 5 years.
All of TRG's multi-year options provide a risk-free prorated refund of premium, down to the year, if the bond is cancelled for any reason after just the first year. Therefore, you can lock in the lower rate without being locked in yourself. Read our refund policy for more information.