CBP Creates Webpage Dedicated to eBond

Resources to Help Brokers Battle the Trade War While it’s no longer front page news fodder the tariff-centered trade wars continue. Change – if not outright volatility – continues to be an understatement as it relates to tariffs on goods imported to into the United States these days. Unfortunately businesses who have import activities and the customs brokers who assist them are caught in the middle, and they can become casualties of the ongoing trade wars. While U.S. Customs and Border Protection (CBP) is publishing plenty of resources, the dedicated people on the Customs Bond team at Roanoke are here […]

On March 27th, the CBSA held a Trade Chain Partner Working Group meeting and announced the following changes related to CARM’s Release 2 (“R2”), coming May 13, 2024: The minimum bond amount requirement will change from $25,000 to $5,000 for all importers with the implementation of R2. The maximum bond amount will remain capped at $10,000,000 per RM account. As a reminder, the bond amount will be calculated at 50% of the highest month of duties and taxes (including GST and all debts/accounts receivables) over the previous 12-month period. CBSA cannot keep up with the paper bond filings (we have […]

Over the past several days, many of our customers may have experienced difficulties processing eBonds when using the Automated Commercial Environment (ACE) system. Our service representatives strive to keep you up-to-date on these issues so we then can convey this information to you. However, the fastest way to receive this information is directly from Customs and Border Protection (CBP) via their Cargo Systems Messaging Service (CSMS). CSMS is one of CBP’s methods of communicating to their trade partners news and updates on automated systems such as ACE. The registration process is quick and easy. Simply enter your email address and […]