Definition: Guarantee refers to the electronic management and administration of customs guarantees provided by traders or financial institutions to ensure compliance with customs requirements. This service involves the implementation of digital platforms and systems that enable efficient guarantee management, such as tracking guarantee amounts, issuing and processing electronic guarantee certificates, and automating guarantee-related processes. The digital solution provides customs authorities with real-time visibility into the status and validity of guarantees, streamlining customs operations and facilitating trade facilitation. By automating guarantee management, this service enhances transparency, reduces administrative burdens, improves compliance verification, and ensures efficient handling of financial obligations within the customs environment.
Source: Based on World Customs Organization (WCO)
Example: In the customs department of Country XYZ, a digital solution for guarantee management has been implemented to streamline the administration and tracking of customs guarantees. Traders or financial institutions provide electronic guarantee certificates, which are securely stored and managed within a centralized system. The digital solution automates processes such as guarantee issuance, modification, and release. Customs authorities can efficiently verify the validity and coverage of guarantees in real-time, ensuring compliance with customs requirements and mitigating risk. By automating guarantee management, this digital solution improves transparency, reduces paperwork, accelerates customs clearance, and facilitates trade facilitation for both customs authorities and traders in Country XYZ.
eira:iopDimension: Behavioral IoP
LOST view: TVA-Customs Process Streamlining and Efficiency Enablers [Motivation]
eira:iopSaliency: The Digital Solution Service ABB is salient for technical interoperability because it is a central element the EIF's conceptual model for integrated public services. it represents the generalisation of all application services provided by an Interoperable European Solutionas as stated in the EIF: "Technical interoperability the applications and infrastructures linking systems and services."
Identifier: http://data.europa.eu/dr8/egovera/GuaranteeApplicationService
ABB name: eira:DigitalSolutionApplicationService
EIRA concept: eira:ArchitectureBuildingBlock
Last modification: 2023-08-20
dct:identifier: http://data.europa.eu/dr8/egovera/GuaranteeApplicationService
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eira:PURI | http://data.europa.eu/dr8/egovera/GuaranteeApplicationService |
dct:type | egovera:GuaranteeApplicationService |
dct:modified | 2024-01-28 |
skos:definition | Guarantee refers to the electronic management and administration of customs guarantees provided by traders or financial institutions to ensure compliance with customs requirements. This service involves the implementation of digital platforms and systems that enable efficient guarantee management, such as tracking guarantee amounts, issuing and processing electronic guarantee certificates, and automating guarantee-related processes. The digital solution provides customs authorities with real-time visibility into the status and validity of guarantees, streamlining customs operations and facilitating trade facilitation. By automating guarantee management, this service enhances transparency, reduces administrative burdens, improves compliance verification, and ensures efficient handling of financial obligations within the customs environment. |
eira:definitionSource | Based on World Customs Organization (WCO) |
eira:definitionSourceReference | |
skos:example | In the customs department of Country XYZ, a digital solution for guarantee management has been implemented to streamline the administration and tracking of customs guarantees. Traders or financial institutions provide electronic guarantee certificates, which are securely stored and managed within a centralized system. The digital solution automates processes such as guarantee issuance, modification, and release. Customs authorities can efficiently verify the validity and coverage of guarantees in real-time, ensuring compliance with customs requirements and mitigating risk. By automating guarantee management, this digital solution improves transparency, reduces paperwork, accelerates customs clearance, and facilitates trade facilitation for both customs authorities and traders in Country XYZ. |
eira:iopSaliency | The Digital Solution Service ABB is salient for technical interoperability because it is a central element the EIF's conceptual model for integrated public services. it represents the generalisation of all application services provided by an Interoperable European Solutionas as stated in the EIF: "Technical interoperability the applications and infrastructures linking systems and services." |
eira:concept | eira:ArchitectureBuildingBlock |
eira:iopDimension | Behavioral IoP |
dct:identifier | http://data.europa.eu/dr8/egovera/GuaranteeApplicationService |
eira:view | TVA-Customs Process Streamlining and Efficiency Enablers [Motivation] |
eira:view | Technical view - application |
eira:eifLayer | TechnicalApplication |
eira:businessDomain | customs |