Customs introduces direct representation with escrow deed

“The ‘guarantee deed-plus’ allows customs representatives in Belgium to act under the status of direct representation with financial facilities,” Van overtveldt said. “A customs representative could already file a customs declaration in the name of-and on behalf of-his client, and so from now on, he can also voluntarily put his own credit account at the disposal of clients, giving them an extra advantage in developing their services. This amounts to a customs representative voluntarily making himself financially liable for the goods he declares to customs and, in return, the administration limits the liability to the period of deferred payment.”