CAPE Reaches $100 Billion Sent to Treasury - and $1.6 Billion Is Stuck for Missing ACH Information

The largest CAPE update yet

In a declaration filed yesterday in Freestyle World, CBP reported that, as of July 31, 252,496 CAPE declarations had been submitted and 178,213 had passed file validation.

CAPE had accepted approximately 25.1 million entries for processing and had liquidated or reliquidated about 17.69 million entries without the IEEPA duties. The anticipated refund amount accepted for processing reached approximately $128.68 billion.

Approximately $100 billion has been sent to Treasury

CBP reported that approximately $100 billion had been completed, certified, and sent to Treasury for disbursement. That is extraordinary progress in a system that did not exist four months ago.

But the precise wording remains important. "Sent to Treasury for disbursement" does not necessarily mean every dollar has already arrived in an importer's bank account.

The avoidable $1.6 billion problem

CBP identified 19,726 refunds totaling approximately $1.6 billion that could not be disbursed solely because the importer lacked valid ACH information. CBP also reported approximately 5.02 million entry-level validation failures and 2.2 million reconciliation-flagged entries.

This is the clearest possible reminder that a legally valid refund can still be delayed by operational details. Importers should confirm bank information, review every validation report, and reconcile CAPE results against their complete entry data.

THE BOTTOM LINE: CAPE is no longer theoretical: enormous refunds are moving. The remaining risk is increasingly concentrated in preventable filing problems and entries requiring a separate legal path.

We can verify your ACH setup, audit every CAPE response, identify omitted or rejected entries, and pursue the CAPE-ineligible balance through protest or CIT litigation.