September 20, 2019 – U.S. Customs and Border Protection (CBP) has advised that Automated Clearing House (ACH) statement finals in the Automated Commercial Environment (ACE) will generate one to three days later, and that final statements will not list the payer unit information or final paid amount.
On September 07, 2019, U.S. Customs and Border Protection (CBP) deployed the first phase in updating the ACE process for ACH Debit/Credit transactions.
This affects the timing of the receipt of Final Statement Status:
- Filers will receive their ACE Daily Statement marked ‘FINAL’ the day CBP receives the Collections Information Repository (CIR) file confirming payment for the Regular Daily Statement from Treasury.
- Filers will receive their ACE Periodic Daily Statement marked ‘FINAL’ the next day after they process their ACH Payment Authorization message to allow CBP to place the Periodic Daily Statement on the following month’s Periodic Monthly Statement (PMS).
- Filers will receive their ACE Periodic Monthly Statement marked ‘FINAL’ the day CBP receives the CIR file confirming payment of the PMS from Treasury.
If you have any questions regarding ACH Statement Updates, Livingston can help! Please contact your Livingston account manager, or our U.S. Regulatory Affairs Group at email@example.com