A licensed customs broker receives a check payment for duties and fees applicable to an entry from his or her client after the payment due date is passed. An importer sends a check, payable to a licensed customs broker, for duty and fees applicable to an entry where the duty and fees were not paid timely to CBP. When is the licensed customs broker required to remit the payment for duties and fees to CBP?
A. The same day the payment is received from the client
B. The day after the client’s check clears in the licensed customs broker’s bank account
C. Within five working days from receipt of the payment by the licensed customs broker
D. Within ten calendar days from receipt of the payment by the licensed customs broker
E. Estimated duties shall be immediately deposited with the CBP officer designated to receive the duties
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The Answer is: C
Citation: 19 CFR 111.29
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