A record $1.04 billion in duties and fees was collected in September by U.S. Customs and Border Protection through the Automated Commercial Environment monthly statement and payment feature, CBP recently announced. Since the inception of the ACE monthly statement process in July 2004, CBP has collected $17 billion in duties and fees.
“It took 14 months to collect the first $1 billion,” says Louis Samenfink, executive director for the CBP cargo systems program office. “Now, ACE has collected the same amount during one month. The growing popularity of this feature among the trade community confirms that an automated account-based approach to doing business with the government is proving successful.”
Currently, 42 percent of duties and fees are collected via ACE. The ACE monthly statement feature simplifies the payment of duties and fees for importers and brokers, streamlines accounting procedures, and provides reporting and trend analysis capabilities.
ACE is the commercial trade processing system being developed by CBP to enhance border security and expedite legitimate trade. For more information on ACE and monthly payment processing, visit the CBP Modernization website.