CSMS Message: 05-001370

U.S. CUSTOMS AND BORDER PROTECTION (CBP) NOW ALLOWS BROKERS TO PAY
DUTIES AND FEES ON A MONTHLY STATEMENT FOR ALL OF THEIR IMPORTER
CLIENTS. IMPORTERS ARE NO LONGER REQUIRED TO ESTABLISH AN AUTOMATED
COMMERCIAL ENVIRONMENT (ACE) ACCOUNT TO PARTICIPATE IN THE PERIODIC
MONTHLY STATEMENT PROGRAM. THIS PROGRAM GREATLY SIMPLIFIES THE
PROCESSING OF DUTIES AND FEES AND CAN STREAMLINE YOUR COMPANY'S
AND YOUR CLIENT'S ACCOUNTING AND REPORTING PROCESSES BY PROVIDING THE
CAPABILITY TO MAKE PERIODIC PAYMENT ON A MONTHLY BASIS. PERIODIC
MONTHLY STATEMENT PROCESSING CAN PROVIDE YOUR COMPANY WITH ADDITIONAL
FLEXIBILITY IN THE MANAGEMENT OF THE WORKING CAPITAL THAT IS REQUIRED
FOR DUTY PAYMENTS AND SHOULD THEREFORE BECOME AN IMPORTANT COMPONENT
OF YOUR OVERALL STRATEGIC FINANCIAL PLANNING AND FORECASTING.

BROKERS FILING ON BEHALF OF AN IMPORTER MUST FIRST ESTABLISH AN ACE
ACCOUNT, WHICH IS FREE AND SIMPLE. AMONG OTHER BENEFITS, AN ACE BROKER
ACCOUNT CAN CREATE BOTH BROKER AND IMPORTER STATEMENTS, PAY DUTIES
FROM EITHER BROKER OR IMPORTER ACH ACCOUNTS, AND ACCESS MANY DETAILED
FINANCIAL REPORTS AVAILABLE ONLY THROUGH THE ACE SECURE DATA PORTAL.

FOR MORE INFORMATION, VISIT WWW.CBP.GOV/MODERNIZATION. FROM THIS
LINK, YOU CAN READ ABOUT THE BENEFITS OF PERIODIC MONTHLY STATEMENT,
DOWNLOAD AN ACE APPLICATION, LEARN HOW TO FILE ENTRIES ON BEHALF OF
YOUR CLIENTS, AND REVIEW THE DETAILS OF THIS POLICY CHANGE IN FEDERAL
REGISTER NOTICE 70 FR 61466 REGARDING THE CREATION OF NON-PORTAL ACE
ACCOUNTS FOR IMPORTERS. THE FRN CAN BE ACCESSED THROUGH
HTTP://WWW.CBP.GOV/XP/CGOV/TOOLBOX/ABOUT/MODERNIZATION/FRN_NOTI CES.XML.