Eurobank Greece Urges SWIFT Code Verification to Prevent Transfer Delays

Eurobank Greece Urges SWIFT Code Verification to Prevent Transfer Delays

This article provides a detailed explanation of how to use SWIFT codes when making remittances to Eurobank S.A. in Greece. It emphasizes the importance of accurately providing bank information, including the SWIFT code and account number, and analyzes potential delays caused by incorrect SWIFT codes. Furthermore, it introduces the positive impact of new technologies like SWIFT GPI on cross-border payments, aiming to help readers conduct international money transfers safely and efficiently. It highlights best practices for ensuring smooth and timely transactions.

09/02/2025 International Settlement
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Global Flower Industry Grows Amid Rising Demand Sustainability Push

Global Flower Industry Grows Amid Rising Demand Sustainability Push

The global flower market is booming, with emerging markets on the rise. Social responsibility and environmental sustainability are increasingly important. Emerging markets like Kenya are reshaping the global flower trade through technological advancements and fair trade practices. They are actively exploring greener supply chain solutions to meet the demands of younger consumers for sustainable products. The industry is adapting to prioritize ethical sourcing and reduced environmental impact, making sustainability a key driver of innovation and market growth in the flower sector.

09/26/2025 Logistics Industry Insights
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Global Maritime Trade Faces Challenges Amid Shifting Dynamics

Global Maritime Trade Faces Challenges Amid Shifting Dynamics

International shipping, the cornerstone of global trade, is undergoing profound changes driven by Asian trade, tightening environmental constraints, and accelerating digital penetration. Over the next decade, the shipping industry will compete on three dimensions: efficiency, green practices, and resilience. Companies need to actively address these challenges to seize the opportunities. The industry's future hinges on adapting to these evolving dynamics and embracing sustainable and technologically advanced solutions to maintain competitiveness and contribute to a more environmentally responsible global trade network.

11/03/2025 Logistics Industry Insights
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DHL Leads in Corporate Citizenship with Sustainable Strategy

DHL Leads in Corporate Citizenship with Sustainable Strategy

DHL Group has received the highest corporate citizenship rating for its sustainability efforts, ranking among the top three in the DAX-40. Its commitment to balancing economic benefits with social value is demonstrated through its four key programs, including GoHelp. This recognition highlights DHL's dedication to responsible business practices and its contribution to a more sustainable future. The company's integrated approach to sustainability underscores its role as a responsible corporate citizen and its commitment to creating long-term value for all stakeholders.

11/03/2025 Logistics
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Global Customs and Rights Holders Strengthen IP Protections

Global Customs and Rights Holders Strengthen IP Protections

The World Customs Organization (WCO) held its 9th Rights Holders Consultation Group Meeting, focusing on the current state of intellectual property infringement and discussing challenges such as IP protection in the e-commerce environment and environmentally sound disposal of infringing goods. The meeting emphasized strengthening cooperation between customs and rights holders, building information exchange platforms, and jointly combating counterfeit goods to maintain fair trade practices and promote global economic prosperity. This collaborative approach aims to effectively address IP infringements and safeguard legitimate trade.

01/05/2026 Customs Knowledge
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WCO Revises Trade Rules to Enhance WTO Pact Compliance

WCO Revises Trade Rules to Enhance WTO Pact Compliance

The World Customs Organization (WCO) has updated its 'Implementation Guidance on Trade Facilitation,' integrating the latest tools and member practices to enhance the implementation of the WTO's Trade Facilitation Agreement (TFA). The new guidance covers areas such as transparency, customs-business cooperation, advance rulings, Authorized Economic Operator (AEO), border management, single window, customs brokers, transit, Globally Networked Customs, and National Trade Facilitation Committees. It provides more practical and comprehensive guidance for global trade facilitation, aiming to streamline processes and reduce trade costs.

01/05/2026 Customs Knowledge
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China Customs Supports WCO in Global Trade Valuation Standards

China Customs Supports WCO in Global Trade Valuation Standards

The WCO Revenue Package aims to enhance customs revenue collection capabilities of member countries. China Customs actively participates in this initiative, providing valuation control case studies and sharing its experiences. China's customs valuation control system, characterized by comprehensive laws and regulations, advanced risk management techniques, a robust valuation database, and effective inter-departmental collaboration, offers valuable lessons for other nations. This participation underscores China's commitment to supporting global efforts in securing customs revenue and promoting best practices in valuation control.

01/05/2026 Customs Knowledge
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WCO Backs Palestinian Customs Modernization Efforts

WCO Backs Palestinian Customs Modernization Efforts

The World Customs Organization (WCO) is assisting Palestine Customs in modernizing its Human Resource Management (HRM) through a workshop held in Tunis. This support focuses on building a competency-based HRM system, including developing a job directory, competency framework, competency dictionary, and job descriptions. WCO experts will provide remote support to ensure the successful implementation of these reforms. The initiative aims to improve the efficiency and international competitiveness of Palestine Customs by strengthening its workforce and aligning HR practices with international standards.

01/05/2026 Customs Knowledge
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Wcos Mercator Program Boosts Palestinian Trade Efficiency

Wcos Mercator Program Boosts Palestinian Trade Efficiency

The WCO commended Palestine's Mercator Program for its contributions to customs modernization and trade facilitation, supporting the implementation of the WTO Agreement. The WCO expressed its anticipation for deepened cooperation to further promote Palestine's economic development. The Mercator Program has significantly aided in streamlining customs procedures, reducing trade costs, and enhancing the overall efficiency of cross-border trade, aligning with international standards and best practices. The WCO looks forward to continued collaboration to build upon these achievements and foster sustainable economic growth.

01/05/2026 Customs Knowledge
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Mexico Israel Agree on Trade Pact to Streamline Customs

Mexico Israel Agree on Trade Pact to Streamline Customs

Mexico and Israel signed a joint action plan to promote mutual recognition of their Authorized Economic Operator (AEO) programs and enhance trade facilitation. This initiative will expedite customs clearance, reduce costs, and bring tangible benefits to businesses in both countries. It also sets a precedent for improving global trade security and efficiency. The agreement underscores the commitment of both nations to fostering a secure and efficient international trade environment through cooperation and the implementation of best practices in supply chain management.

01/05/2026 Customs Knowledge
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