Customs Bonds
Other Customs Bonds
We provide surety bonds to defer payment of customs duties and taxes in various contexts.
Contact us for our full range of Customs and Excise Bonds.
Benefits of a PCBS Customs Bond:
- Improves importers’ cash flow and working capital by removing the need to pay duties and taxes at the time of import.
- Guarantees that customs authorities receive payment.
- Promotes a thriving global economy.
Apply for a PCBS Facility or Bond in 2 steps:
- Download and complete the relevant application form
- Email the completed form and all supporting documents to your broker or to info@pcbs.co.za
FAQs
Who needs a Customs Bond in South Africa?
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.
Why are Customs Bonds important?
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.
What documents are required to apply for a Customs Bond?
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