Re-export Bond Implementation via ABMS

The Order implements the use of the Automated Bonds Management System (ABMS) for Re-export Bonds in all Customs Ports.
The Order applies to bonding companies accredited pursuant to Customs Memorandum Order No. 22-2003.
The Order directs activation and de-activation of surety accounts based on CMO 22-2003 and CMO 14-2012.
The Order requires procedures tied to CMC 115-2015 (including Annex A and Annex B) for the ABMS re-export bond process.
The Order is expressly linked to Department of Finance issuance of Tax Exemption Certificates (TEC).
The Order uses the Client Profile Registration System (CPRS) under the Electronic to Mobile (E2M) Customs System.

The Order requires implementation of ABMS for Re-export Bonds in all Customs Ports.
The Order provides detailed customs process instructions to declarants, brokers, importers, Accredited Value-Added Service Providers (VASPs), surety companies, and BOC personnel for the ABMS Re-export Bond customs processes.
The Order reiterates previous related Memoranda and Circulars on the same subject.

The Order applies to all bonding companies accredited pursuant to Customs Memorandum Order No. 22-2003.
The ABMS re-export bond process is governed across all Customs Ports.
The compliance obligations under the Order extend to the customs participants used in the ABMS re-export bond workflow, including declarants, brokers, importers, Accredited Value-Added Service Providers (VASPs), surety companies, and BOC personnel.

All Surety Companies accredited under CMO 22-2003 must file a one-time registration with the Client Profile Registration System (CPRS) of the Electronic to Mobile (E2M) Customs System.
The Collection Service must cause the activation of accounts of registered surety companies granted quarterly Authority to Transact Business as Surety (ATBAS) with the Bureau.
The Collection Service must cause de-activation if a surety fails to renew its ATBAS.
The Collection Service must also cause de-activation if the surety’s application fails to meet requirements of the Bureau.

The Temporary Import Entry Declaration filed by the Importer must be made only under the procedure 5300/000(5A) of Box 37 of the Import Entry Declaration for Re-export Bond as Terms of Payment (TOP).
The coding and format to be used in the Temporary Import Entry Declaration must follow Annex A, CMC 115-2015.
The concerned Customs Examiner must ensure the proper code is used for the Temporary Import Entry Declaration procedure.
The Temporary Import Entry Declaration must be accompanied by the appropriate Tax Exemption Certificate (TEC) issued by the Department of Finance.
Re-filing of the entry and Re-export Bond is required if the posted bond is insufficient and/or if there is any inconsistency on the entry.

The Export Declaration processing for purposes of liquidation of the re-export bond must use the procedure under Annex B of CMC 115-2015.