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<h1>Provisional assessment: bond and prescribed security secure payment of any duty deficiency under customs provisional estimates.</h1> Provisional assessment requires the proper officer to estimate provisional duty while the importer or exporter must execute a bond undertaking to pay any duty deficiency and furnish prescribed security for the duty deficiency. Security may be provided as a bank guarantee or a cash deposit, at the importer's option. Central Board circulars provide consolidated procedural guidance for provisional assessment and have been updated to reflect administration of rules of origin under trade agreements.