SURETY INSURANCE  CUSTOMS

Surety insurance for importers/exporters

Performance bonds for customs transport of goods.
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SAMMY FREE, SURETY INSURANCE

Import and
export

Surety insurance also has applications in the world of international transport.

For certain international carriage of goods, the Customs Authority requires the provision of a guarantee corresponding to the amount of import or export duties which correspond to the customs debt and other charges.

Where a comprehensive guarantee is provided for the amount of import or export duty corresponding to customs debts and other charges the amount of which varies over time, the amount of such guarantee shall be fixed at a level which at all times covers the amount of import or export duty corresponding to customs debts and other charges.

Aduanas

The Customs Authority seeks to ensure the payment of taxes, duties and tariffs through guarantees, which can be deposited in different forms, in cash or through a guarantor such as Surety Insurance.

SAMMY FREE, SURETY INSURANCE

Advantages of
Surety Insurance

Policies over
5 years

We study surety insurance policies with a duration of more than 5 years.

Increased ability to
participate in auctions

This allows you to increase your capacity to participate in more public tenders simultaneously.

No blocking/pledging
of bank balances

Avoid the blocking or pledging of balances in your bank accounts to improve your cash flow.

Does not consume CIRBE

Surety insurance does not consume bank credit limit, it is not a major bank risk which means higher eligibility for bank products (loans, credit accounts, etc.)

More efficient

Rapid evaluation of the application for the issuance of the surety insurance policy, faster in its study and issuance than the bank guarantee.

Plafond System

Pre-approved line of surety insurance that allows you to get your guarantee quickly when you need it.
SAMMY FREE, SURETY INSURANCE

Advantages of
Surety Insurance

Policies over
5 years

We study surety insurance policies with a duration of more than 5 years.

Increased ability to
participate in auctions

This allows you to increase your capacity to participate in more public tenders simultaneously.

No blocking/pledging
of bank balances

Avoid the blocking or pledging of balances in your bank accounts to improve your cash flow.

Does not consume CIRBE

Surety insurance does not consume bank credit limit, it is not a major bank risk which means higher eligibility for bank products (loans, credit accounts, etc.)

More efficient

Rapid evaluation of the application for the issuance of the surety insurance policy, faster in its study and issuance than the bank guarantee.

Plafond System

Pre-approved line of surety insurance that allows you to get your guarantee quickly when you need it.