FastBound Announces New Partnership with 4473 Cloud - Firearms Compliance Software - FastBound (2024)

FAQs

What is FastBound used for? ›

Create unlimited bound books for consignment, transfers, gun smithing, NFA, pawn, or whatever you want. FastBound has processed more than a billion transactions for thousands of FFLs since 2010 with guaranteed compliance and an attorney-backed legal defense.

Buyers complete and electronically sign their 4473 on any device. Seller performs a background check and completes their sections – which can include an interstate identification index check. The form contains a transaction number that keeps sales and additional information separate.

When a firearms transfer is completed as planned, the original Form 4473, along with any supporting documents (such as a multiple sales report), must be kept 20 years.

I highly recommend FastBound. Fastbound has been awesome for my business, has made it so much easier to keep track of and ensure paperwork is done correctly because it will not let you move on if there are things that are forgotten.

With plans starting at $8 per month, our simple pricing is based only on how many firearms you have acquired in a rolling 12-month period. Upgrade, downgrade, or cancel any time! Try FastBound free for 14 days--no credit card required!

It's important to note that the form cannot be completed at home. It must be filled out at the FFL premise or other designated location. The form collects personal records and information such as the buyer's name, current address, date of birth, government-issued driver's license, and serial number of the firearm.

If a person purchases a firearm from a private individual who is not a FFL licensed dealer, the purchaser is not required in most states to complete a Form 4473. All purchases of small arms (handguns) from private individuals from another state are required to have a Form 4473 completed before sale.

Corrections should be made in pen (preferably black or blue ink) and never combined with the use of corrective fluid or tape (i.e., wite-out). Most Form 4473 mistakes are made by customers, but licensees also make their fair share.

As a federal firearms licensee, you're bound to get audited by the ATF at some point. The Gun Control Act permits inspections that are at least twelve months apart, but truthfully, they only happen every few years. The goal of the audit is more benign than most expect.

If you're not a prohibited person, and your ATF Form 4473 has been denied, you have an option available. You can file an appeal called a “firearm-related challenge” through the FBI. This process will provide you with both the reason you were denied and give you an opportunity to challenge the validity of that denial.

Do you have to fill out a 4473 every time? ›

Once you pay for your gun, the transaction closes. Different purchases at different times require multiple 4473s – Once you pay for a gun or guns, the transaction closes and a new form 4473 must be filled out and filed, even if it is the same day.

4473 Part 1— Firearms Transaction Record Over-The-Counter (ATF Form 5300.9) Used by federal firearms licensees (FFLs) to determine if they may lawfully sell or deliver a firearm to the person identified in Section B, and to alert the transferee/buyer of certain restrictions on the receipt and possession of firearms.

The firearms acquisition and disposition (A&D) record, also known as a “bound book”, is a permanently bound book or an orderly arrangement of loose-leaf pages which must be maintained at the business premises. The format must follow that prescribed in the regulations and the pages must be numbered consecutively.

Yes, the ATF Form 4473 is available online, but much of it needs to be filled out by the FFL doing your transfer. If you fill it out online, you must send it to them, or print it out and bring it with you so they can complete their section of the form and submit it.