Weekly Entry Program
FTZ Academy / Weekly Entry Program
The Weekly Entry Program through Customs is a simplified and cost-effective way for companies to import their goods into the United States. This process involves paying only one entry fee for all shipments during the week, rather than paying for each individual shipment. The process is overseen by a zone administrator, who ensures that all necessary steps are taken to comply with customs regulations. ITC Diligence International Inc. has created an electronic checklist to guide clients through this process, ensuring that no steps are skipped and that clients remain in compliance.
What are the benefits of the Weekly Entry Program?
- Saves time and money: Companies only have to pay one entry fee for the entire week, instead of per individual shipment. This can result in significant cost and time savings, especially for companies that ship large quantities often.
- Simplifies the entry process: The weekly entry process streamlines the customs entry process, reducing paperwork and administrative burden. This can save time and increase efficiency for companies.
- Provides greater flexibility: Companies can estimate the amount they will ship each week, which can provide greater flexibility in managing inventory and responding to customer demand.
- Reduces compliance risk: Using the weekly entry process ensures that companies stay in compliance with customs regulations. ITC’s electronic checklist can help ensure that no steps are missed and that all necessary approvals are obtained.
- Increases visibility: The weekly entry process provides greater visibility into the entire shipping process, making it easier to track shipments and monitor inventory levels.
- Improves cash flow: By reducing customs fees and streamlining the entry process, companies can improve their cash flow and reinvest those savings into their business.
ITC Diligence International Inc. is committed to helping clients navigate the Weekly Entry Program and ensuring that they remain in compliance with customs regulations. The company’s electronic checklist helps clients prepare for the shipping week, and ITC Diligence International Inc. must pre-approve all goods that will be shipped during that time.
Clients are advised to create an estimated invoice for the amount they plan to ship, and to overestimate that amount by 50% to ensure compliance. The Cargo Release must be approved before the shipping week begins, and the Entry Release form is completed once the week is over.
By working with ITC Diligence International Inc., clients can take advantage of the benefits of the Weekly Entry Process and streamline their importing procedures.
