WCO Belgian Customs Academy Expand African Customs Training Partnership

WCO Belgian Customs Academy Expand African Customs Training Partnership

Customs officials from French-speaking African countries visited the WCO headquarters during their training at the Belgian Customs Academy. They participated in presentations on intellectual property, and health & safety projects. The WCO's long-standing collaboration with the Belgian Customs Academy significantly contributes to customs capacity building in Africa through tailored training programs. This partnership supports economic prosperity and social development across the African continent.

01/26/2026 Customs Knowledge
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Secure International Transfers SWIFT Codes Explained

Secure International Transfers SWIFT Codes Explained

This article introduces the SWIFT/BIC code BOTBBSNS0N2 for BANK OF THE BAHAMAS LIMITED, emphasizing the importance of using the correct code for international remittances. It provides detailed information about the bank's profile, service advantages, and fund security, assisting customers in facilitating smoother money transfers.

09/05/2025 International Settlement
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Guide to SWIFT and BIC Codes for Global Transfers

Guide to SWIFT and BIC Codes for Global Transfers

This article delves into the importance of SWIFT/BIC codes, using the Bahamas Bank as an example to illustrate how to accurately conduct international remittances. It provides practical information regarding remittance fees and timelines, emphasizing the necessity of confirming SWIFT codes, thereby helping readers master the skills needed for cross-border remittances.

09/05/2025 International Settlement
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Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Qingdao Customs: Significant Improvement in Customs Efficiency for Exports to South Korea

Data from Qingdao Customs shows a significant improvement in customs clearance efficiency for foreign trade enterprises dealing with South Korea, with sea freight times reduced by 34.78% and air freight times increased by 71.43%. This progress is driven by policy benefits and technological innovation, particularly the AEO mutual recognition policy and the consolidated tax reform. Additionally, modern technologies such as the Internet of Things have greatly enhanced customs efficiency, significantly lowering business costs.

07/21/2025 Logistics
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