ACE vs. ACS, What it Means
to You
Last week's urgent
message from ABI regarding the ACE processing of Bond and 5106 Queries
was followed by another message reporting the postponement of that transition.
This was because of the transactions were not being processed correctly
by ABI, and so the date was changed to allow them to correct the situation.
You have probably
heard about upcoming changes and ACE, and we've received some questions
about what this means to our customers. As you have heard, ACE is designed
to improve communications between brokers and CBP. Data transmitted
via ABI will be sent to ACE in addition to ACS so that you can use your
ACE portal account to access various reports and statements. The data
that you send to ABI will be sent to both ACS and ACE, depending on
which entity is processing the information.
What's
important to know on an operational basis is that these changes will
not affect the way that you use your ABI software. Any
changes will take place after your data is received, and CBP will be
handling those changes. As with last week's message, there may be some
"hiccups" when new processes are implemented, but in general
you will not see any changes in the way you use your software.
For more information
about ACE and how it can benefit you, visit the CBP
website.