CBP Releases Fact Sheet on Mandatory ACH Refunds Beginning Feb. 6
CBP released a fact sheet to aid importers in transitioning to electronic refunds via automated clearing house (ACH) beginning Feb. 6, as mandated in a Jan. 2 CBP interim final rule (see 2512310016), it said in a CSMS message that same day. The agency said it “recently improved” the ACH refund sign-up process by adding an automated ACH refund authorization tool in the ACE Portal, as well as by automating the ACE Portal’s importer account application, “which is necessary to access the new ACH Refund Authorization tool.”
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“Importers and other parties” who may receive CBP-issued refunds after Feb. 5 should review the fact sheet and “take any necessary steps to ensure readiness for this mandatory transition,” CBP said. “For more information about refunds issued to authorized ‘4811 notify parties,’ review the” interim final rule, CBP said.
CBP also in recent months released a guide for importers to apply for an ACE Portal account, as required for ACH refunds.