International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | Congress Passes Miscellaneous Trade and Technical ... » | DoD Office of International Technology Security La... » | U.S. and E.U. Adopt Measures to Strengthen Securit... » | OFAC Offers Licenses to Three Businesses in Colombia » | DOC Announces Final Antidumping Determinations on ... » | Commerce Departments Issues Final Antidumping Det... » | BIS Extends Deadline to Submit Comments on Propose... » | Directorate of Defense Trade Controls (DDTC) Issue... » | WTO Committee on Subsidies and Countervailing Meas... » | OFAC Announces Settlement of Enforcement Actions » 

November 21, 2004 

CBP Announces Changes to Continous Transaction Bond Program

U.S. Customs and Border Protection has recently announced a number of changes to the Continuous Transaction Bond (CTB) program. The CTB program will be centralized at the National Finance Center (NFC) in Indianapolis, Indiana. The bond centralization effort will include the filing, approval and maintenance of all CTBs. According to CBP, the major objectives of the program are: (1) Uniformity; (2) Bond Sufficiency; and (3) Fair and consistent application of regulations and policies.

The NFC has established a voice mailbox (317-614-4880) for all inquiries concerning pilot bond centralization. This includes inquiries into the status of new bond applications submitted through the pilot ports. CBP has advised importers that they should leave a brief message and include their name, phone number and an email address. A CBP represetative is supposed to respond to the call no later than the next business day. The NFC has stated that it will not respond to status inquiries if the application has been on file with the NFC for less than 3 business days. The fax number for submitting bonds to the NFC is 317-614-4517 and the email address is cbp.bondquestions@dhs.gov. CBP has stated that it is "imperative" that each bond application includes: (1) a point of contact; (2) telephone number; (3) fax number; and (4) an email address, if available.


Editor

Subscribe

Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed

Archives

Categories

Disclaimer

  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News, www.tradelawnews.com".
  • ©2003-2015. All rights reserved.

Translate This Site


Powered by Blogger