Financial guarantees
INGO provides financial guarantees:
- in accordance with the Convention on the Common Transit Procedure (NCTS)
- in accordance with the Customs Code of Ukraine (on the customs territory of Ukraine using national procedures and declaration forms)
A customs liability insurance contract provides a guarantee from INGO for the payment of customs duties.
(on the example of the NCTS system)
Thanks to the NCTS system, a company can move its goods in one vehicle with only one transit declaration and one mandatory financial guarantee. Before moving the goods, the trader submits a single declaration to the NCTS system, which is processed by customs officers of all countries along the entire route of the cargo (simplified system).
"INGO (as an official guarantor) can provide both a general guarantee (in this case, the company must obtain the appropriate authorization to use the simplified "Use of a general guarantee" procedure) and individual guarantees for individual customs declarations. Registration of guarantees takes place online and takes up to 10 minutes.
Benefits of insurance in INGO
How to get a financial guarantee from INGO
- Apply for the terms and conditions of the financial guarantee
- "INGO analyzes the risks and makes a proposal
- Pass the financial monitoring procedure (if necessary)
- Sign a liability insurance contract with the customs authorities
outlook - "Evolving"
8.12.2023
Frequently asked questions
What are the requirements for a company that wants to get transit simplification?
Are there certain types of financial guarantees?
Who has the right to issue financial guarantees?
What type of financial guarantee is issued?
What determines the cost of a financial guarantee?
