Fastenal Company believes export compliance is essential in protecting national security and foreign policy interests, therefore, we are committed to complying with all applicable civil, criminal, export, import and trade compliance laws and regulations in all countries in which we conduct business. These domestic and foreign laws and regulations include, but are not limited to, activities associated with: embargoes, trade sanctions, country of origin marking, anti-boycott laws, anti-bribery (such as the U.S. Foreign Corrupt Practices Act), anti-corruption or money laundering.
In order to comply, Fastenal Company has an export compliance team in place, dedicated to adhering to international rules and regulations. The team performs due diligence by:
- Screening all parties involved in the export of goods as well as making sure there are no embargoes or sanctions on the destination country
- Researching if the products require an export license
- Checking for restrictions/prohibitions on importing product to the destination country
- Checking if an import license is required by product / destination country
Furthermore, since international trade requires additional documents that a domestic sale would not, we are here to ensure those documents are included and are filled out properly in order to make a seamless transaction from pick up to delivery.
We continuously remain up to date on ever changing rules and regulations in the international trade community in order to provide you the best customer service while remaining a compliant and ethical company.
We want our customers to know we consider exporting to be a privilege and therefore we treat it as such, with the utmost respect and care. It’s an honor for us to gain and maintain your business so you can rest assured you are dealing with an honest, ethical company that is committed to utilizing best practices in every transaction, every day.