You may have recently received the following notification from the CARM Client Portal:
Your financial security account has reached its limit for account xxxxxxxxxRM000X. Please make an interim payment to reduce your account balance or increase your current security coverage to be compliant. Failure to act could impact your compliance record and/or result in suspension of the Release Prior to Payment (RPP) Privileges.
Further to our previous communication below on October 30th, 2024, please be aware the CARM system uses a nudging notification framework to encourage real-time compliance of financial security requirements.
The Release Prior to Payment (RPP) 180-day transition period, which extends from October 21st, 2024 to April 19, 2025, allows importers up to 180 calendar days to make their own financial security arrangements to meet the RPP program requirements.
During the current 180 day RPP transition period, the participation in RPP is not affected by the level of the financial security. Therefore, these notifications are for information purposes only. They are automatic system reminders to importers to post the necessary financial security in order to continue benefiting from the RPP privilege after the transition period.
Please refer to the following resources for more details on Release Prior to Payment, and the transition period:
CARM Stakeholder Engagement / Commercial and Trade Branch
Canada Border Services Agency / Government of Canada