Bonded Obligation

If you are an importer of goods and have a credit line with BTL in the form of signature commitments, the bonded bond is an option that allows you to defer payment of customs duties for 90 days.

This means you can take possession of your goods in complete safety, and reduce your company’s cash flow pressures. BTL accommodates your payment by issuing a bond to guarantee settlement by a given deadline. The quotation depends on the amount of your imports and the average rate of customs duties.