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Practice Areas

Late Importer Security Filing Submissions to Require Bonds as of Jan. 10

Monday, December 15, 2014
Sandler, Travis & Rosenberg Trade Report

U.S. Customs and Border Protection has announced that effective Jan. 10, 2015, late importer security filing submissions will no longer be exempt from the bond requirement and most ISF transactions will require a bond when they are filed. To electronically enforce this requirement, ISF types 5 and 6 (late ISF-10-no bond and late ISF-5-no bond, respectively) will no longer be accepted as of Jan. 10. CBP states that to avoid delay or examination upon arrival, importers should ensure that bonds are in place to cover the ISF transaction prior to the cargo being loaded on the vessel destined for the U.S.

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