Key Air Freight Terms Essential for Global Trade Efficiency

Key Air Freight Terms Essential for Global Trade Efficiency

This article compiles core vocabulary related to the air freight industry, including organizations like the International Civil Aviation Organization (ICAO) and the International Air Transport Association (IATA), as well as concepts such as scheduled air service, charter air service, consolidation, air express, and air waybills. The aim is to help readers better understand and apply air freight knowledge, ultimately improving efficiency in international trade. It provides a concise overview of key terms essential for navigating the complexities of air cargo operations.

RBC Explains SWIFTBIC Codes for Global Payments

RBC Explains SWIFTBIC Codes for Global Payments

The SWIFT code for the ROYAL BANK OF CANADA is ROYCCAT2, located in Montreal. Confirming relevant information is crucial when making international remittances to ensure each transaction is efficient and secure. By transferring $10,000 through this bank to France, the recipient is expected to receive €8,409.