What Is The Difference Between A Bonded And Non-Bonded Canadian Highway Carrier (DIY Customs Consulting): Difference between revisions
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{{note|This article is part of the [[Customs_Compliance_Guide_(CBP_and_CBSA)|Customs Compliance Guide]]|info}} | {{note|This article is part of the [[Customs_Compliance_Guide_(CBP_and_CBSA)|Customs Compliance Guide]]|info}} | ||
The main differences between a non-bonded and a bonded highway carrier is where Canadian-bound shipments can be released. A non-bonded carrier must release all shipments at the first point of arrival in Canada. A bonded carrier can transport in-bond commercial goods beyond the first point of arrival and must post financial security with CBSA. This includes the following: | {{#ev:youtube|xYU_Bmrxd6I|960|center|What is The Difference Between Bonded and Non-Bonded Canadian Highway Carriers?}} | ||
[[Image:D120-customs-bond.png|thumb|300px|right|A CBSA D120 Customs Bond Form]]The main differences between a non-bonded and a bonded highway carrier is where Canadian-bound shipments can be released. A non-bonded carrier must release all shipments at the first point of arrival in Canada. A bonded carrier can transport in-bond commercial goods beyond the first point of arrival and must post financial security with CBSA. This includes the following: | |||
* transiting through Canada (that is, using Canada as a corridor, for example US to Canada to US) | * transiting through Canada (that is, using Canada as a corridor, for example US to Canada to US) | ||