Guide to Using SWIFTBIC Codes for International Transfers

Guide to Using SWIFTBIC Codes for International Transfers

This article explains how to properly use SWIFT/BIC codes for international remittances, taking SCOTIABANK CHILE as an example to analyze the components of its SWIFT/BIC code and highlight important considerations for remittances. Xe is recommended as a remittance service provider due to its favorable exchange rates, transparent fees, and fast transfer speeds.

Chiles Los Angeles Airport Boosts Biobo Region Exports

Chiles Los Angeles Airport Boosts Biobo Region Exports

This article focuses on the operational overview of Los Ángeles Airport (LSQ) in Chile, also known as María Dolores Airport. Although it's a non-customs airport, it plays a vital role as an aviation node in the Biobío Region, positively impacting local economic development. Future improvements in facilities and expansion of flight routes could unlock its greater potential and further contribute to the regional economy.

Global Trade Risks Rise Without Original Bills of Lading

Global Trade Risks Rise Without Original Bills of Lading

This article delves into the definition, high-risk regions, preventive measures, and response strategies related to 'Delivery without Original Bill of Lading' in international trade. It aims to help foreign trade enterprises mitigate risks, protect their rights, and avoid the predicament of losing both goods and payment. The importance of selecting appropriate trade terms, carefully choosing freight forwarders, strictly adhering to operational procedures, and purchasing export credit insurance is emphasized. Furthermore, it provides effective methods for dealing with 'Delivery without Original Bill of Lading' incidents after they occur.

Shanghai Port Enhances Cargo Flow with Datadriven Customs Efficiency

Shanghai Port Enhances Cargo Flow with Datadriven Customs Efficiency

This article provides a detailed interpretation of Shanghai Port's "Five-Number Consistency" principle for customs clearance. It emphasizes the consistency of data, including the number of pieces, gross weight, volume, container number, and seal number, across the customs declaration, manifest, bill of lading, terminal pre-recorded data, and tally data. The aim is to help freight forwarding companies avoid cargo delays caused by data errors and improve customs clearance efficiency. Ensuring data alignment across these documents is crucial for smooth and timely processing of goods through Shanghai Port.

Shanghai Port Streamlines Oversized Cargo Handling

Shanghai Port Streamlines Oversized Cargo Handling

This article delves into the operational specifications for oversized cargo in special containers entering Shanghai Port, focusing on the calculation methods for oversized cargo entry plan declaration. It addresses common issues such as handling LCL cargo after bill of lading cut-off, bearing drop-off costs due to force majeure, bill of lading splitting, cost differences in trucking fleets, and Canadian ACI declaration. The article proposes corresponding strategies and recommendations, aiming to provide practical guidance for freight forwarding companies. This helps ensure smoother and more efficient oversized cargo handling within the port.