Clearit.ca's Blog on Customs Brokerage and News Updates
If your company exports goods that are valued at more than $2,500, you’re probably acquainted with US Foreign Trade Regulations. These regulations require you to file your export information through the Automated Export System (AES). A misstep in filing can waste time and money — so having a thorough understanding of the system is crucial to your business practices.
The Automated Export System is an electronic system used to declare international exports. Compliance with this regulation has been required since April 2014, when the US Census Bureau mandated the filing of export information for self-propelled vehicles prior to export, regardless of monetary value.
Once you’ve filed with the AES, you will receive your ITN number. Your International Transaction Number (ITN) is your proof of filing, and should be included in any landing bills, Shipper’s Letter of Instructions, etc. so that the forwarder and Customs can be made aware of your filing.
Your ITN provides you with 3 key things:
- Proof of filing : The AES/ITN number is your proof that the EEI has been filed (by you or your agent), as per required with the FTR.
- Verified accuracy of filing (routed export transaction) : For a routed export transaction, the ITN ensures that the information that was provided is indeed accurate.
- Ensures that you are compliant : In many cases, the ITN is required for certain documents — without the number, you risk your shipment being held at Customs.