top of page

SURETIES & GUARANTEES

Customs Bond

A contractual assurance that ensures the fulfillment of specific obligations in import transactions between customs and an importer. Its primary function is to guarantee the prompt payment of import duties and taxes, adding a layer of financial security and compliance to the importation process.

APPLICATION

01

Additional Information

01

Enhanced Coverage

01

Documents Required

  • Offer Letter / Notice of Expiry

  • Latest ACRA Bizfile (within 3 months)

  • Latest Audited Financials

  • Bond Format

02

Applicable To

Bonded Warehouse Operators

03

Case Study

ABC Warehousing is involved in the Bonded Warehouse business. The average duties on the goods they hold is $5 million a year. The Singapore Customs require them to put up a $5 million guarantee to ensure all duties will be paid. ABC Warehousing buys a Customs Bond to place with Singapore Customs.
You can always Whatsapp our customer service officers to attend to your insurance needs.

Why Choose AWG Insurance?

Untitled design (1)_edited.png

A preferred partner to your insurance needs

AWG Insurance Brokers is a trusted, MAS-licensed broker in Singapore offering tailored insurance and risk management services. With over three decades of experience, we specialise in creating customised professional indemnity insurance that professionals and businesses can count on.

​​

We’re more than just insurance providers; we are risk advisors. From identifying potential liabilities to selecting the right coverage structure, we work hand-in-hand with you to design a solution that matches your operational risks and regulatory requirements.

 

Our edge:

  • In-depth understanding of multiple industries

  • Competitive pricing through access to local and international insurers

  • Dedicated claims support and advocacy

  • Personalised advice and policy structuring

​

When you choose AWG, you choose peace of mind.

PART OF THE INTERNATIONAL BROKER NETWORKS OF CREDEA AND UNION STEADFAST

credea.png
LOCATION

240 Macpherson Road

#08-01 Pines Building

Singapore 348574

OPENING HOURS

Mon - Fri: 8am - 6pm

​​Saturday: Closed

​Sunday: Closed

CONTACT

Tel: +65.6294 6688
Fax: +65 6282 6188 / 6223 4133
WhatsApp: +65.9113 2122

© 2025 by AWG INSURANCE BROKERS

bottom of page