The port director may wave the requirement for surety or cash deposit on a basic importation bond if all of the following conditions exist EXCEPT:
A) The value of the merchandise that the bond secures does not exceed $5000.00.
B) The entry summary documentation is filed and estimated duties, if any, are deposited prior to release of the merchandise.
C) The value of the merchandise that the bond secures does not exceed $2500.00.
D) The importer has not been delinquent in any transaction with Customs.
E) The importer has not been remiss in any transaction with Customs.
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The Answer is: A
Citation: 19 CFR 142.4 (c)(1)
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