Periodic Monthly Statement (PMS): Paying Duties Once a Month

Periodic Monthly Statement (PMS) lets an importer pay all the duties and fees for entries released in a month through one ACH debit, due on the 15th working day of the following month. Without PMS, duty is generally due within 10 working days of each release. PMS gives you up to several weeks of extra cash float and a single statement to reconcile each month.

How PMS works

• Entries are flagged for PMS when the entry summary is filed.
• CBP builds a monthly statement of every flagged entry.
• One ACH debit pays the whole statement on the due date.

How to enroll

• Set up ACH Debit with CBP, either as the importer or through your broker's account.
• Apply for PMS through the ACE Portal. See ACE Portal setup.
• Tell your broker to flag your entries for PMS.

Why it matters for recovery

Your PMS statements are a clean monthly record of every duty dollar paid. They make it easier to reconcile what you paid against what you owed, and to size refunds such as IEEPA tariff refunds.

Frequently asked questions

Does PMS cost anything? No.

Does my broker's PMS account mean the broker pays my duty? The broker pays CBP and bills you. Paying CBP directly from your own ACH account gives you the cleanest record.

How Caspian uses your statements

Caspian ties duty paid back to each entry line when sizing an audit or claim. See our trade audit.

Works Cited:

• 19 CFR 24.25, Statement processing and automated clearinghouse
• 19 U.S.C. 1505, Payment of duties and fees