account compliance News

Legal Guide Aids Firms in Managing Global Trade Risks

This paper provides comprehensive legal risk control guidance for enterprises facing international trade risks under complex international economic and trade situations. It covers pre-event customer due diligence, contract optimization, and compliance system construction; mid-event applicable law and jurisdiction responses; and post-event cross-border enforcement remedies. Furthermore, it proposes strategies for dealing with US trade frictions, helping companies to steadily expand overseas. Aiming to provide a practical guide for navigating the complexities of international trade and ensuring compliance while mitigating potential risks.

01/30/2026 Customs Knowledge

LTL Freight Industry Shifts to Densitybased Pricing Under NMFC

NMFTA updates the NMFC, placing greater emphasis on density-based classification. Shippers must accurately declare cargo information, and carriers will strictly penalize misrepresentation. The ClassIT+ platform assists with compliance. This update highlights the importance of precise density calculations in LTL shipping. Accurate reporting prevents penalties and ensures fair pricing based on the space a shipment occupies. The changes aim to streamline the classification process and promote transparency between shippers and carriers. Utilizing tools like ClassIT+ is crucial for navigating the updated NMFC guidelines and maintaining compliance.

01/30/2026 Logistics

Meezan Bank Enhances Secure Transfers with SWIFT Code

This article analyzes the SWIFT code MEZNPKKACAD of MEEZAN BANK LIMITED in Pakistan, explaining its structure and importance in international remittances. Correct use of this code ensures that funds arrive safely and quickly at the designated account, reducing the risk of remittance errors.

08/20/2025 International Settlement

UBA Explains Role of SWIFT Codes in International Banking

This article discusses the SWIFT code UNAFNGLA 005 of the United Bank for Africa PLC and its significance. Proper use of this SWIFT code ensures that international remittances reach the intended account efficiently and accurately, avoiding delays or incorrect transfers of funds.

08/20/2025 International Settlement

Global Banking Adopts IBAN for Secure Crossborder Transactions

This article explores the significance of the International Bank Account Number (IBAN) as a tool for international remittances. It discusses its structural components, how to locate it, and common use cases, aiming to help readers better understand and utilize IBANs for transferring funds.