The Bureau of Customs (BOC) implements an alternative Prepayment System (BPS) to pay duties, taxes and other charges for all goods declaration lodged through the Electronic to Mobile (E2M) system. The BPS in compliance with the Customs Modernization and Tariff Act (CMTA), will only allow Exporters and importers to register an account for transaction payment purposes.  Funds in the said account cannot be withdrawn but can be transferred to other prepayment accounts of the same holder’s name. Continue reading → BOC implements alternative Prepayment System in addition to PASS5