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U.S. customs binding rulings in statement processing, to pay duties with one electronic transaction in a secure environment. ACH fulfills the need for swift, accurate payment transfers in today’s competitive business environment.
Applying for ACH is very easy. Once the ACH application is received and approved, you will be assigned a unique payer unit number thus making you eligible to pay duties via ACH.
The ACH process is simple: Speedway Express Delivery transmits the payment authorization to Customs through the Automated Broker Interface (ABI). One ACH payment is made per ACH statement. The payer’s account is debited and the Customs account is credited with the amount due. It is secure and eliminates the time consuming use of cash or checks to pay duties, taxes and fees.
The writing of a Customs Bond is a very important part of the import transaction. If the Customs Bond is not properly prepared and does not meet certain requirements, you, as the importer of record, may be faced with serious problems. Without a properly executed bond, your shipment will not clear Customs.
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