CHAPTER XVI CUSTOMS BROKERS

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Presentation transcript:

CHAPTER XVI CUSTOMS BROKERS Functions of a Customs Broker Services of a Customs Broker Selection of a Customs Broker

Functions of a Customs Broker Represents importers at the U.S. Customs & Border Protection and other U.S. agencies. Must pass examinations on import regulations & customs procedures, and background investigation on character & credit references Must be licensed by U.S. CBP Must have power of attorney from importer A licensed broker at each location

Services of a Customs Broker Customs clearance with the U.S. CBP & other U.S. Agencies Release of shipments from carrier Transporting goods to final destination Open cargo policy Drawback Customs bond A Single Transaction Bond A Continuous Bond

Selection of a Customs Broker Approximately 11,000 active licensed customs brokers in the U.S. National Customs Brokers & Forwarders Association of America (NCBFAA) Selection criteria Reputation Service Flexibility Knowledge of commodities and tariffs Rates