Effective May 20, 2025, at 3:00 a.m. EDT, the Canada Border Services Agency (CBSA) officially ended the Release Prior to Payment (RPP) Transition Period, which began on October 21, 2024.
What This Means for Importers:
- Importers with Security Filed Before May 20:
✅ No action required—your shipments will continue to be released electronically. - Importers Without Posted Security:
❌ Shipments will not be released electronically.
📄 You must present a paper package and full payment of duty and GST to CBSA.
How to Post Security with CBSA:
- Option 1:
Provide a financial security instrument (e.g. RPP bond) for 50% of your highest monthly accounts receivable (inclusive of GST), with a minimum of $5,000 per import program (RM). - Option 2:
Submit a cash security deposit covering 100% of your highest monthly accounts receivable (inclusive of GST).
📌 Tip: We recommend obtaining a bond for an amount higher than the minimum requirement to avoid additional fees from bond endorsements due to fluctuations.
🛡️ Universal has secured highly competitive RPP Bond rates through our Surety provider.
To take advantage of these rates, please contact your Client Care Representative or Mark Glionna, Vice President – Client Relations & Business Development.
