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As a client of International Bond & Marine, you will have access to a
powerful, new business tool: The Management Surety Bond Analysis
Report - generally referred to by its acronym - MSBAR.
The U.S. Customs Service supplies information to participating Sureties on a weekly
basis regarding the status of entries on which Sureties appear as a third party
guarantor. Information contained in these reports will allow you, as a Custom House
Broker, to provide your clients with a comprehensive overview of their nationwide
import activity:
The MSBAR Report is comprised of five different parts:
Section 1 - Unliquidated Entries
Section 2 - Liquidated Entries
Section 3 - Entries Scheduled to Liquidate
Section 4 - Additional Duty Bill Report
Section 5 - Other Bills, including Fines, Penalties & Forfeitures
(Hopefully, the only reports that will appear for the majority of your importers
are Sections 1, 2, and 3.)
The up-to-date information contained in these reports is a valuable reference guide
and sales tool. For example:
• Closely follow your importer's entries to make sure you are getting their business
in all ports.
• As an important value-added service, make this report a part of your marketing
package to the importer!
• Keep a closer eye on those problem importers who are continually creating more
work for your staff
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