Guide to SWIFTBIC Codes for Bermuda Banks

Guide to SWIFTBIC Codes for Bermuda Banks

This article explains how to find and use the correct SWIFT/BIC code when sending remittances to Bermuda. It emphasizes the importance of using the right code for successful transfers. The article provides avenues for looking up the correct SWIFT/BIC code and reminds users of the risks associated with using incorrect codes, which can lead to delays or failed transactions. Using the proper code ensures funds reach the intended recipient in Bermuda efficiently and securely.

09/01/2025 International Settlement
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Canada Opens Granville Lake Airport to Boost Air Network

Canada Opens Granville Lake Airport to Boost Air Network

Granville Lake Airport (XGL) is a significant regional airport in Manitoba, Canada. While not a customs airport, it plays a vital role in connecting remote areas. This article details the airport's overview, the meaning of its code, and important considerations for air freight operations. It also emphasizes the importance of using specialized platforms to look up airport information, which helps to improve international trade and logistics efficiency. This knowledge helps stakeholders navigate air freight and leverage the airport's capabilities.

09/29/2025 Airport Codes
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China Expands Firstclass Ports to Boost Trade and Security

China Expands Firstclass Ports to Boost Trade and Security

This article delves into the definition, types (airports, seaports, land ports), and strategic significance of Class A Ports. It also lists major Class A Ports in China. As crucial gateways for national opening-up, Class A Ports play a key role in promoting international trade, attracting foreign investment, and driving regional economic development. They are vital infrastructure facilitating cross-border movement of goods and people, contributing significantly to China's engagement in global commerce and economic growth.

09/26/2025 Logistics Encyclopedia
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Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Oil Prices Drive Shipping Costs Via Bunker Adjustment Factor

Bunker Adjustment Factor (BAF) is closely linked to international crude oil prices. Brent Crude is a global benchmark, and OPEC production cuts and Iranian sanctions are key factors driving prices up. Businesses should closely monitor crude oil market dynamics, optimize shipping routes, lock in freight rates, and diversify risks to effectively control logistics costs. By understanding these factors and implementing proactive strategies, companies can mitigate the impact of fluctuating fuel prices on their supply chains and maintain profitability.

11/03/2025 Logistics Encyclopedia
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Formosa Airport Codes Deciphering FMA Vs SARF

Formosa Airport Codes Deciphering FMA Vs SARF

This article provides a detailed explanation of the IATA code (FMA) and ICAO code (SARF) for Formosa International Airport in Argentina. It clarifies the differences and applications of these two codes and offers practical methods for looking up airport codes. The aim is to help readers understand the airport code system clearly, facilitating travel planning and aviation knowledge acquisition. It covers the purpose of each code and how they are used in different contexts within the aviation industry.

11/03/2025 Airport Codes
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WCO Program Enhances South African Tax Authority Efficiency

WCO Program Enhances South African Tax Authority Efficiency

The World Customs Organization (WCO) held a Leadership and Management Development Workshop in South Africa to support the South African Revenue Service (SARS) in enhancing the capabilities of its middle managers and driving organizational reform. The workshop emphasized the importance of self-awareness, strategic management, people management, communication skills, and change management. Follow-up cooperation is planned to develop a regional center of expertise. Leadership and management development are crucial for organizational success, requiring continuous learning and practice.

01/05/2026 Customs Knowledge
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Tariff Hikes Deter Sellers From Amazon Prime Day

Tariff Hikes Deter Sellers From Amazon Prime Day

Due to tariff impacts, some Amazon sellers may cancel Prime Day promotions. High tariffs are driving up costs, putting pressure on seller profits and forcing them to re-evaluate their participation strategies. Sellers are actively seeking solutions, including raising prices or finding alternative sources of supply. This 'tariff storm' reflects the challenges faced by cross-border e-commerce and deserves attention. Sellers are trying to mitigate the negative effects of tariffs on their business during this important sales event.

12/30/2025 Customs Knowledge
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Amazon Sellers Boost ROI with Offplatform Ad Attribution

Amazon Sellers Boost ROI with Offplatform Ad Attribution

Amazon Attribution is a powerful tool for brand sellers to track and optimize the performance of their off-Amazon advertising. By accurately measuring conversion rates across different advertising channels, optimizing ad strategies, and gaining insights into customer behavior, it helps sellers improve advertising ROI and break through growth bottlenecks. Additionally, sellers can earn up to 10% in referral bonuses, accelerating non-Amazon marketing growth. Mastering Amazon Attribution is a key factor for sellers to gain a competitive edge.

01/04/2026 Logistics Industry Insights
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Chinese Sellers Gain Traction on Walmart Rivaling Amazon

Chinese Sellers Gain Traction on Walmart Rivaling Amazon

The proportion of Chinese sellers on Walmart's e-commerce platform is rapidly increasing, now exceeding half of new sellers. While US sellers still dominate, the rise of Chinese sellers may reshape the competitive landscape between Walmart and Amazon. Walmart is actively pursuing various strategies to catch up with Amazon, but it maintains stricter requirements for seller onboarding. This shift highlights the growing influence of Chinese sellers in the global e-commerce market and the intensifying competition among major platforms.

01/04/2026 Logistics Industry Insights
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New Douyin Shops Key Setup Steps to Avoid Pitfalls

New Douyin Shops Key Setup Steps to Avoid Pitfalls

This article provides a detailed guide for new TikTok Shop sellers, focusing on 7 essential settings to avoid common pitfalls. These include paying the security deposit, enabling multiple payment methods, linking the official account, setting up a customer service phone number, activating freight insurance, configuring accurate shipping templates, and enabling the TikTok Shop Affiliate program. Properly configuring these basic settings effectively prevents common operational issues, improves shop efficiency and user experience, and lays a solid foundation for shop success.

01/04/2026 Logistics Encyclopedia
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