SCAC Application

It is suggested that along with the SCAC Letter of Confirmation, you should have a Letter of Intent (LOI), which explains to the US Custom Port Director, what is the purpose with which you acquired the SCAC number.   The Letter of Intent should explain that you are applying for a C2 (Custodial Bond) or C3 (International Carrier Bond) or both bonds. The minimum bond value is $100,000 for both C2 and C3 Bond. This means you need to have a $100,000 bond for C2 and a $100,000 bond for C3. 

 

After you confirm the bond value you needed, then find a surety that will underwrite your C2 or C3 or both bonds. 

After you acquired the surety bond for C2 and/or C3, you need to prepare a Letter of Intent (LOI) to be submitted by you to the US Custom Port Directory, stating exactly what is your intent with this C2 or C3 bond that you are applying for. The Letter of Intent (LOI) must clearly explain and state the nature of your business and why the bond is needed by you.