Unlocking the Secrets of the ISF Program: How it Impacts Cargo Stored in FTZs

21 days ago
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ISF Cargo | Phone: 800-960-1429
Email: isf@isfcargo.com | https://isfcargo.com

This video explains how the Importer Security Filing (ISF) program affects cargo stored in Foreign Trade Zones (FTZs). The ISF program is a requirement by the US Customs and Border Protection (CBP) for importers to provide specific cargo information before the shipment arrives at a US port. Even though cargo is temporarily stored in FTZs, it remains under CBP control and ISF regulations still apply. Importers need to ensure a customs bond is in place for the cargo stored in an FTZ to guarantee payment of import duties, taxes, or other obligations. CBP has the authority to inspect cargo in FTZs at any time. When the cargo is ready to be transported from the FTZ to its final US destination, the ISF program requires importers to amend the initial filing and provide updated information. Importers often rely on customs brokers to ensure compliance with the ISF program and handle complex customs procedures and regulations.
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Video Disclaimer Here: This content is for educational use and not associated with any US government body.

"00:45 - Application to FTZ Cargo
01:32 - Customs Bond and Inspections
02:17 - Amendments and Broker Assistance"

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