Features and benefits of the CBSA Assessment and Revenue Management initiative

5. Surety company

Release prior to payment (RPP)

CARM Release 2 will require all importers to provide security (by way of surety bond or deposit at the importer level) as a condition of the Release Prior to Payment (RPP) Privilege.

CARM will simplify how the CBSA will receive bonds via the following options:

• an importer will obtain a bond with a surety company, and the CBSA will receive the bond via an application program interface (API) set up with the surety company, or
• an importer will enter their bond information on the CARM Client Portal, and their surety company will be notified to validate the bond for the amount specified.

What you can do to be ready

Register with the CBSA to be designated issuers of e-bonds. Acquire an program identifier (RM) number. Create a CARM Client Portal account. Set up your API solution to send bond information to the CBSA.