Month: January 2012

What is a Single Entry Bond?

A single entry bond (or single transaction bond) is a one-time use bond. Customs will accept single entry Importer bonds, Drawback bonds and International Carrier bonds. The most common single entry bond is the Importer bond. This type of bond can be used if the principal has an entry that must be cleared and does … Read more

Interested in Sending Payment Electronically?

C.A. Shea is pleased to offer brokers the ability to remit payment via wire transfer. This allows your account to update the day we receive payment, rather than waiting for a check to clear. It also cuts down on the amount of paper generated to issue a check. If you would like to pay premiums via … Read more

What is an Airport Security Bond?

According to Customs: “Customs security area” means the Federal inspection services area at any airport accommodating international air commerce designated for processing passengers, crew, their baggage and effects arriving from, or departing to, foreign countries, as well as the aircraft deplaning and ramp area and other restricted areas designated by the port director. These areas … Read more

ITC Bonds

The United States International Trade Commission (or ITC) is an independent, quasijudicial Federal agency with broad investigative responsibilities on matters of trade. The agency is charged with, amongst other things, adjudicating cases involving imports that allegedly infringe on intellectual property rights. When they have determined that imported goods do infringe on intellectual property rights, they … Read more

Celebrating Shea’s 66th Anniversary

C.A. Shea is pleased to announce the celebration of our 66th year this past December as a leading intermediary broker specializing in the placement and administration of U.S. Customs bonds. A family owned and operated business incorporated in 1945, we are proud to say that members of the fourth generation of the family are now … Read more