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Phoenix Insurance

Customs bonds

Guarantees to the GRA Customs Division (formerly CEPS) for importers, exporters and clearing agents.

Our tailor-made bonds for importers, exporters and local manufacturers are guarantees to the Customs Division of the Ghana Revenue Authority (formerly CEPS).

Transit bond

For clients moving imported goods, on which duty has not been paid, from a point in Ghana to an exit into a neighbouring country. We guarantee to pay the duty if the goods are not taken out of the country, for example if they are sold in Ghana.

Re-exportation bond

For visitors who bring goods into Ghana to use and then take back, and for clients re-exporting imported goods to another country. It guarantees the import duty on the items if they are not re-exported and are found to have been sold in Ghana.

Warehouse bond

For companies or individuals allowed to keep imported goods, on which duty has not been paid, in their own warehouses and pay the duty later. We guarantee the duty, up to the bond value, if they default.

Exportation bond

For clients exporting locally made goods to neighbouring countries. It guarantees the tax payable on the goods if they are not exported and are found to have been sold in Ghana.

Removal bond

Guarantees payment, up to the bond value, if goods being moved from one place to another do not reach their final destination and duty is lost.

Customs agent bond

For clearing agents. It guarantees payment, up to the bond value, if the agent's misconduct in the course of their duties causes a loss of customs duty.

Apply

Fill in the proposal form online, or download it and bring it to any branch.