Monthly Payment Plan Eases Cash Flow for Importers

Monthly Payment Plan Eases Cash Flow for Importers

The Periodic Monthly Statement (PMS) is a payment option introduced by U.S. Customs that allows importers to consolidate duty and tax payments on a monthly basis, optimizing cash flow. This program not only reduces the financial pressure of individual payments but also enhances the flexibility of fund utilization, making it a valuable option for importers to consider and leverage.

CBP Bills Essential Guide for US Importers

CBP Bills Essential Guide for US Importers

This article details the significance of the CBP invoice from the U.S. Customs and Border Protection, covering additional duties and other fees. It introduces the new version of the CBP invoice and electronic inquiry methods, explaining its impact on importers and customs brokers. The article emphasizes the importance of timely financial management for smooth transactions.