News & Insights

Roanoke Trade will be a presenter at this year’s NBCBA annual meeting which will be held February 9-11, 2015, in Tucson, AZ. NBCBA meetings occur three times during the year with the February meeting having the largest attendance and longest duration. Janet Ciesko, Terry Cummings and Bill Sterrett of Roanoke are attending and are hosting a reception at the Skyline Country Club.  

January 20, 2015

eBond deployed successfully on January 4, 2015. While the system is working efficiently, there are a few loose ends and issues that have arisen. For the next several weeks, the eBond Working Group[1] meets to discuss the issues and address solutions. We will keep you updated on any new developments. How do I know which STB filing method to choose? We created the following flyer in December which explains the various scenarios for filing of STBs. This same information was provided in CSMS Message 15-000018. Bottom line, only ACE cargo release transactions require an eSTB. If there is an ACS cargo […]

January 20, 2015

We received notification from USCIB that there are new procedures for hand-carried diamonds entering Israel on an ATA Carnet, effective January 15, 2015. However, the instructions provided in handling the ATA Carnet validation and the merchandise are unclear. In the meantime, the Israeli guaranteeing association is checking with their authorities and we hope to receive clarification as soon as possible. Until further notification please be advised that the following is what USCIB understands to be the new procedures: 1. Prior to the departure from the U.S., the ATA Carnet Holder must first appoint and schedule a meeting with an authorized Secured […]

January 15, 2015

Freight Contracts Modified to Meet Ebola Exposure Trade associations within the shipping industry are changing their freight contracts to lower loss exposure for companies transporting cargo or traveling to countries affected by Ebola. The new contracts are designed to protect crews from contracting the virus and can lead to rerouting, delays and quarantines in port. Intertanko, an association whose members own most of the global tanker fleet, has implemented an Ebola clause in its contracts stipulating its members’ ships will seek alterative ports of call should a risk to the health of the crew be identified. Charterers would be liable […]

January 09, 2015

CBP has confirmed that emailing of bond images will not be necessary for any ISF single transaction bond (“Appendix D Bond”) filed as an eBond. That means that for any ISF STB that you create in FastBond™, the process has just become easier for you. Because the ISF number must still be included on an ISF STB, there remain two steps to create the bond. As before, you first enter the basic bond information in FastBond™ to obtain a surety reference number to transmit to CBP with the ISF. You then go back into FastBond™ to insert the ISF number […]

January 09, 2015

On Sunday, Roanoke was one of the first sureties to submit an eBond through FastBond™! We now welcome you to use FastBond™ to process your first-ever eBond! Key points for getting started: Read the latest CBP Policies and Procedures for eBond. These are the procedures of record until further notice by CBP. Continue to use FastBond™ to issue your bonds and contact Roanoke to process riders and terminations. NEW: Look for the “My Issuing Authority” link on the left bar of the FastBond™ Issue Bond screen; notice that expanded authority on STBs for foreign principals has been provided. We will also be conducting an eBond webinar tomorrow at 1:00 PM CST. […]

January 07, 2015