2014 October No.70 – Broker Compliance


An importer sends a check, payable to a licensed broker, for duties and fees applicable to an entry after the due date of the duties and fees. When is the broker required to remit payment for the duties and fees owed to CBP?

A. The same day the payment is received from the client

B. The day after the client’s check clears in the broker’s bank account

C. Within five working days from receipt of the payment by the broker

D. Within ten calendar days from receipt of the payment by the broker

E. The 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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