What Is The Difference Between A Bonded And Non-Bonded Canadian Highway Carrier (DIY Customs Consulting): Difference between revisions
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* <strong>Non-Bonded Carrier:</strong> Must have all shipments fully released by a customs broker at the <strong>First Point of Arrival (FPOA)</strong>—meaning directly at the border crossing. If the paperwork is not ready, the truck cannot cross into Canada. | * <strong>Non-Bonded Carrier:</strong> Must have all shipments fully released by a customs broker at the <strong>First Point of Arrival (FPOA)</strong>—meaning directly at the border crossing. If the paperwork is not ready, the truck cannot cross into Canada. | ||
* <strong>Bonded Carrier:</strong> Can transport "in-bond" commercial goods beyond the border to an inland destination. To hold this privilege, the carrier must post financial security with the CBSA to guarantee that duties and taxes will be paid if the goods fail to clear customs properly. | * <strong>Bonded Carrier:</strong> Can transport "in-bond" commercial goods beyond the border to an inland destination. To hold this privilege, the carrier must post financial security with the CBSA to guarantee that duties and taxes will be paid if the goods fail to clear customs properly. | ||
[[Image:Non-bonded-v-bonded-diagram.jpg|800px|center|Differences Between a Bonded and Non-Bonded Canadian Carrier.]] | |||
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