Demystifying the 10 2 Rule: Guidelines for Trade Compliance and Cargo Security

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In this video, we will discuss the 10+2 Rule and its guidelines, an important aspect of trade compliance related to customs brokerage. The 10+2 Rule refers to the Importer Security Filing (ISF) implemented by the US Customs and Border Protection (CBP) in 2009. We will delve into the key guidelines for complying with the 10+2 Rule, which include 10 data elements to be submitted by the importer and 2 data elements to be submitted by the carrier or their agent. We will emphasize the requirement for a customs bond, which provides security to CBP that the importer will meet all necessary obligations. Non-compliance with the 10+2 Rule can lead to severe consequences, necessitating the importance of staying up-to-date with regulatory changes. Lastly, we will highlight the benefits of partnering with a knowledgeable customs broker to navigate these complexities and ensure compliance.
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Video Disclaimer Here: This video is solely for education and is not endorsed by any US government agency.