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ACE In-Bond 30 – Can you explain what in-bond export is, when it takes place, and when it must be reported?

In-bond export means the in-bond shipments are exported when they have left the U.S. or when they are yet to be exported. Once the in-bond is exported, it must be reported and submitted to CBP within 2 business days after it occurs. A Transportation and Exportation in-bond or an Immediate Export in-bond must arrive before it can be exported. 

For in-bonds of type Transportation and Exportation and Immediate Export, this completes the in-bond move and “closes” the in-bond.

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