CARM Bulletin 5418 - Financial Security (Electronic Means) Regulations

February 10, 2026

Link: https://ccp-pcc.cbsa-asfc.cloud-nuage.canada.ca/en/public-bulletins

According to the Financial Security (Electronic Means) Regulations, all security must be given by means of the electronic system; except in circumstances specified in subsection 5(3) of these regulations, which allow the security to be provided by other means.

The Memorandum D17-5-2 (paragraph 6 (a) and 6(b)) stipulate that accepted non-electronic form of financial security are as follows:

Certified cheques and money orders; and
Security Agreement in paper format

This bulletin is to inform that when the importer must use the security in paper format in accordance with the subsection 5(3) of the Regulations, they must respect both conditions below:

Obtain a prior approval in accordance with paragraph 6 of the Memorandum D17-5-2 by communicating with CBSA at RPP_Financial_Security_RARD-Garantie_Financiere_MAP_DCRR@cbsa-asfc.gc.ca
Use the new Security Agreement in paper format - BSF259 - Security Agreement, which replaces the old D120

Published: February 10, 2026

Topic(s)

CBSA Assessment and Revenue Management (CARM)

Information source

Canada Border Services Agency (CBSA)

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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