PLEASE NOTE:

• DO NOT SET UP IMPORTERS ON THEIR OWN ASEC FOR CARM purposes
• See attached CARM communications regarding ASEC not being needed (ASECS for CARM.pdf)
• For CARM - Importers should be encouraged to set up on the CARM client portal and designate a broker as part of that process. As well importers should be working towards the goal of posting a electronic financial security agreement with CBSA.

If you need to set up a client who is already on CARM or set up a client with Bond/AccountSecurity, you often will get confused between-

IBS and emulated IBS.

The answer is-

1. You can set the B3 Type to I (IBS) only, and keep your account security. As shown below:

Note: We recommend changing the B3 type as IBS only and keep your(brokers) account security.

2. Or else you can enter the importers Account security code in the customer profile as well with changing the B3 Type as IBS - then it will be used in the generation of the transaction number.

Below is the screenshot for updating the importer Account Security # and B3 Type as IBS.

Note: Using importer's own Account Security Number, involves a total of four applications to CBSA (EDI/IID, RNS, DN/SOA and CADEX). Additional setup with our support team is required as well, which you must request from us.

Below is the link to access all forms: 

Pre-CARM Direct Importer Forms Link

Description of IBS and emulated IBS-

• IBS (Importer Based Security)-

They have a bond, any duties and taxes are owed directly to customs (the B3s have a payment code I), and the invoices from the broker don’t have duties and taxes on them.

• Emulated IBS-

Pretends to be I (sends the B3 to customs as normal, but in accounting, doesn’t bill the Duty and GST, and expects the GST direct report to be run).