Public bonded warehouses or in bond warehousing, offer the opportunity to U.S. exporters to send all types of materials, products or machinery to Mexico as an extension of their inventory warehouse, so that it can be sold and distributed in Mexico, while holding title to the goods.

      A service maquiladora provides the same in bond warehousing service, plus additional services such as logistic control, sub-assembly, less-than-truckload distribution, labeling, and other re-packaging services. In both cases the products shipped and warehoused in these units have not passed the Mexican customs process thus they will not have paid import duties and fees and title to the goods still belongs to the shipper.

      U.S. manufacturers and exporters may be interested in assisting their traditional Mexican customers to maintain sufficient stocks of raw materials, spare parts, all types of products, as well as capital goods that will enable them to satisfy any short term/emergency demand.

      In Mexico, public bonded warehouses are credit organizations operating under concession granted by the Ministry of Finance and Public Credit (Secretaría de Hacienda y Crédito Publico). Their functions are regulated by the General Organizations and Auxiliary Credit Activities Law. The almacenadoras are the only corporations authorized by law to issue warehouse certificates and warrants for merchandise and goods stored.

      Warehouse certificates and warrants are negotiable credit instruments. The difference between certificates and warrants lies in the fact that a warehouse certificate shows title to the merchandise which has been stored in the warehouse, while a warrant constitutes a pledge credit on the merchandise or assets indicated in the corresponding warehouse certificate. Mexican and foreign banks may issue credits on the security of warehouse certificates and warrants.

            Mexican Customs and Excise Law  contemplates the in bond storage of foreign goods under the chapter called Régimen de Depósito Fiscal (Fiscal Deposit Law). Merchandise may remain in storage in bond, for up to two years. Partial or total withdrawals may be made...

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