Importers (resident or non-resident) will soon be required to have direct security on file with their Customs Broker as CBSA implements CBSA’s Assessment & Revenue Management – CARM.
Prepayment or Security is a requirement in the customs clearance process. However, the current environment enables the broker the ability to use their security to assist importers who do not have, or are unable to obtain, a customs bond.
Visit GHY’s webpage on CARM – www.carmcbsa.com for full details, and updates.
The below graphic and Q&A section further outlines importer security/Custom Bond details.