Bonded carriers can bring a load of goods past the port of entry into Canada to an authorized location without customs release. They can do this because they were required to post financial security for $5000 to $25,000 with the Canada Border Services Agency (CBSA).
The In-Bond Process:
1. The bonded carrier declares the shipment as an in-bond shipment to CBSA.
a. The carrier reports the shipment as in-bond on the ACI eManifest..
b. The driver reports the load as in-bond upon arrival at the border by presenting a paper cargo form (A8A) to the CBSA officer..
2. The CBSA officer will authorize the movement of the shipment..
3. The carrier can then deliver the shipment to a specified sufferance warehouse or another CBSA office to await Customs release..
4. Before removing the goods from the warehouse for delivery, the carrier must wait for a formal entry filing by a Customs Broker or the importer.
Benefits Of Bonded Carriers
Bonded carriers can:
. Move goods to an inland CBSA office (not located at the border) to have the shipment released;
. Move goods "in transit" through Canada. The bonded carrier uses Canada as a corridor by starting from a point outside Canada and then transiting through Canada to another point outside Canada. A release by CBSA is not required.