A single entry bond is intended to cover the import for a single shipment and for that shipment only. It is only good at the designated port, meaning, the port in which that shipment will enter the US. If you import only once or twice per year then a single-entry bond is more than likely sufficient for your needs. Typically, a single-entry bond is the amount not less than the total value of the goods, plus any applicable duties, taxes and fees.
If you are planing to import more than twice per year, then you would want to look into a continuous bond. Either way, Joseph B. Hohenstein Custom Brokers will make sure you have the proper bonds, and other compliance “must haves” in place.
