Customs Broker
Logistics Term
What’s Customs Broker?
A customs broker is a private individual, partnership, corporation, or association licensed and regulated by U.S Customs and Border Protection (CBP) to help exporters and importers meet federal requirements governing exports and imports. A customs broker submits the required information and fees to CBP on behalf of the importer or exporter. A customs broker must be knowledgeable in the admissibility requirements, valuation, entry procedures, applicable taxes, rates of duty, and fees for imported goods.
Customs Broker - In The Field
To become a customs broker, one must pass the Customs Broker License Examination, submit a broker license application with charges, and wait for CBP approval. The examination takes four and a half hours to complete, and you must attain a minimum of 75%. In addition, you pay $200 for the broker license plus the processing fee. Examination registration must be done 30 days before the actual date, and you have to pay $390.
