With recent changes to the Release Prior to Payment (RPP) program under CARM, it’s crucial for importers to understand their new financial security obligations. In this webinar, Buckland’s experts provided a comprehensive breakdown of these requirements, financial security options, and the steps importers must take to avoid costly shipment delays.
Key Takeaways:
- Understanding RPP: How it enables importers to release shipments before duty and tax payments.
- New RPP Requirements: What’s changing under CARM Release 3 and why importers must act before the April 19th deadline.
- Financial Security Options: The difference between surety bonds and cash deposits and how to secure the best option for your business.
- Bond Application Process: Steps to apply for RM-15 and BN-9 bonds and how to calculate your security requirements.
- Avoiding Delays & Costs: The risks of not maintaining RPP privileges and how to stay compliant.
Need Expert Guidance?
Our team is here to help! If you have questions about RPP enrollment, financial security, or bond applications, reach out to us at canadianimportbonds@buckland.com.
Fill out the form to receive the webinar recording.