Attention all Importers, the Release Prior to Payment (RPP) Transition Period ends May 20, 2025.
To maintain RPP privileges, please ensure you post your financial security before this time.
The Release Prior to Payment (RPP) Program allows participants to obtain the release of goods from the CBSA before the final accounting and payment of duties and taxes. Importers must now post financial security to be able to participate in the Release Prior to Payment (RPP) program, since they can no longer use the financial security posted by their customs brokers.
Under CARM, importers are required to post a form of account security against the payment of duties and taxes to CBSA. This is required as CBSA has shifted the liability from the Customs broker to the Importer, and as such, Importers cannot clear their goods using their Customs brokers account security. Financial security can be posted in two ways either by obtaining a Release Prior to Payment (RPP) bond, or via a cash deposit.
RPP BOND – Based on 50% of your highest month (duty and taxes) in a 12-month period
CASH SECURITY OPTION – Based on your highest month (duty and taxes) in a 12-month period (this will sit and NOT be used to pay any outstanding debt)
Importers who do not post financial security requirement by May 20, 2025, will no longer be able to benefit from having their goods released electronically at the border prior to making payment of the duties and taxes. Without RPP, importers will have to pay all duties and taxes at the time of arrival at the port of entry.
Concerns or questions related to RPP? Please reach out to our CARM support group (carminfo@willsonintl.com) for assistance.