TRG attended another successful event hosted by the International Compliance Professionals Association (ICPA) this past March. With educational sessions ranging from the Pros and Cons of Direct-filing to Understanding Incoterms, attendees were buzzing about the depth of knowledge presented at this conference. Mike Laden of TRG Direct presented Import/Export Recordkeeping Best Practices.
TRG’s Customs bond division has opted to continue to only provide the amended Continuous bonds for Importer Security Filing. Customs and Border Protection allows for ISFs to be secured by single entry or continuous bonds.
Print this out, keep it in sight and let the check off begin…
□ Take Initiative: Apply for your C-TPAT membership. Not only will your company receive numerous benefits from a C-TPAT membership, but it will increase the value of your relationship with U.S. Customs. If you are interested in learning more about applying, visit CBP’s website.
Purchasing a continuous Customs bond that has been amended to cover ISF is going to be your most economical option. If you will be importing at least two times during the course of 12 months you should apply for this bond no later than 2 weeks prior to you first shipment leaving the foreign port.