ACE by the numbers

How is the ACE program doing?  It seems to be thriving, according to US Customs’ September 2012 “ACEopedia.”

Here’s just a sample of statistics for ACE deployed capabilities:

ACE Entry Summaries (types 01, 03 and 11)

• Today, nearly 11% of entry summaries are filed in ACE, way up from the 1% filed at the beginning of FY 2012
• 2.6 million ACE entries filed to date

Post Summary Corrections (PSCs)

• 4,400+ PSCs filed to date
• These importers may file electronic PSCs in ACE up to 270 days after the date of entry (currently 10 days if filing in ACS rather than ACE)

Periodic Monthly Statements (PMS)

• Currently 68% of duties and fees are paid via PMS
• Such importers pay duties the 15th day of the month following release, creating a cash flow benefit

Other updates on ACE deployed capabilities can be found in the “ACEopedia” (page 4).