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The purpose of this message is to notify the trade community of a change to the bonding policy associated with a Drawback accelerated payment (AP).
Current Policy
Since 2/24/2018, Drawback claimants desiring to use an activity code “1A” continuous bond to secure AP are required to use a bond with an effective date on or before the claim date. If a continuous bond’s effective date is after the claim date, a sufficient and valid 1A single transaction bond must be utilized.
Updated Policy and ACE Programming
CBP is updating this policy and the associated ACE programming to allow AP to be secured by a sufficient and valid 1A continuous bond provided the bond’s effective date is on or before the AP request date.
ACE programming is projected to be completed within 10 weeks of the date of this message and a follow-up CSMS will be issued once programming has been completed.
Current Policy will Remain in Effect until Programming has been Completed
CBP has no manual ‘workarounds’ of the current programming requirements. If a claimant desires AP prior to the completion of the programming changes, they must follow the current policy as noted above which will require filing a single transaction bond if a 1A continuous bond’s effective date is after the claim date.
The ACE Business Rules and CATAIR will be updated to reflect these changes.
Questions regarding this update may be directed to OTDRAWBACK@cbp.dhs.gov
Drawback Website: https://www.cbp.gov/trade/programs-administration/entry-summary/drawback-overview
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