Customs Bonds

Agent’s Bond

Surety to ensure that agents comply with customs procedures when handling imported goods on clients’ behalf. 

Our Agent’s Bonds provide financial protection to customs authorities against the risk of agents failing to honour contract terms and conditions.

Benefits of a PCBS Agent’s Bond:

  • Guarantees that customs authorities receive payment for duties and taxes. 
  • Stimulates the economy.

Apply for a PCBS Facility or Bond in 2 steps:

  1. Download and complete the relevant application form
  2. Email the completed form and all supporting documents to your broker or to info@pcbs.co.za
Agent’s Bond Facility
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Agent’s Bond
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FAQs

Importers, exporters, customs clearing agents and bonded warehouse operators require Customs Bonds to comply with the South African Revenue Service’s (SARS) customs regulations and the payment of duties and taxes. 

Customs bonds eliminate the need for upfront payments of taxes and duties, improving cash flow for importers, exporters, customs clearing agents and bonded warehouse operators, while guaranteeing payment to SARS. A tax deferment operates much like a credit facility.  

PCBS requires the following documents for Customs Bonds applications: 

  • Last 2 years’ audited financial statements (or draft financial statements) 
  • Latest management accounts 
  • Debtors age analysis 
  • 3 Months’ statement of account with relevant authority 
  • 3 Months’ bank statements 
  • Personal statements of assets and liabilities 
  • Company registration and tax clearance certificates 
  • Company/group organogram reflecting shareholding structure 
  • ID copies for all members 
  • All business insurance schedules 
  • Company profile 
  • Bond history  

Protect your projects fast

Our quick turnaround times ensure you can confidently start your projects within days of applying for PCBS guarantees and facilities.

24 to 48 hours*

For quotes

24 to 48 hours*

For drafts

24 hours**

For original guarantees

*Once all required documents have been received  

**On receipt of proof of payment  

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