RPP (Release Prior to Payment) Bond
The Release Prior to Payment (RPP) Program allows Importers to obtain the release of goods from the CBSA before the final accounting and payment of duties and taxes.
Importers are required to post their own financial security and have the following options:
Option 1: A financial security instrument for 50% of their highest monthly accounts receivable (inclusive of GST) with a minimum financial security of $5,000 per import program (RM).
Option 2: A cash security deposit for 100% of their highest monthly accounts receivable (inclusive of GST). This is done directly by the Importer of Record within the CARM portal.
If you would like to utilize our services for Option 1 - to obtain an annual auto renewable RPP Bond on your behalf - please enter your information below and our CARM Team would be happy to assist and will reach out to you shortly.