Peru Central Bank Issues Guide on SWIFT Codes for International Transfers

Peru Central Bank Issues Guide on SWIFT Codes for International Transfers

The SWIFT code CRPEPEPLXXX of the Central Reserve Bank of Peru (BCRP) is used for international money transfers. Using the correct code is crucial to avoid delays or failures in remittances. This code identifies the BCRP as the recipient bank in international transactions. Ensure accurate entry of the SWIFT code when initiating a transfer to Peru to guarantee funds reach the intended beneficiary promptly and securely. Double-checking the code with the recipient or BCRP is recommended to prevent errors.

09/01/2025 Exchange Rate Query
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Nigeria Tops African Stock Markets Amid Divergent July Growth

Nigeria Tops African Stock Markets Amid Divergent July Growth

African stock markets showed mixed performance in July. The Nigerian stock market led the gains with a 16.56% increase, while the South African stock market rose by 2.28%, although Rand depreciation may pose challenges. Mauritius and Kenya also recorded growth. Investors should pay attention to the economic differences between countries and make cautious decisions.

07/31/2025 Exchange Rate Query
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Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs is committed to creating a convenient port clearance environment through deepening reforms and innovative measures, actively promoting the transformation and upgrading of foreign trade. The introduction of the 'dual-screen machine' and 'online reservation inspection platform' has effectively improved clearance transparency and efficiency, significantly reducing time costs for enterprises in the Free Trade Zone and fostering positive interactions between customs and businesses. In the future, Xiamen Customs plans to launch a mobile client to provide mobile clearance services.

07/21/2025 Logistics
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Beijing Airport Streamlines Customs Clearance for Export Returns

Beijing Airport Streamlines Customs Clearance for Export Returns

This article provides a detailed interpretation of the customs clearance process, required documents, and key inspection points for export returned goods at Beijing Airport. It offers solutions to common issues such as INVOICE issuance and discrepancies in returned quantities. The importance of selecting a professional customs clearance company is emphasized to help foreign trade enterprises efficiently and compliantly handle returned goods, minimizing losses. The article aims to guide businesses through the complexities of the return process and ensure adherence to regulations.

02/21/2025 Customs Knowledge
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Streamline Global Trade Launches Forex and Export Tax Refund Platform

Streamline Global Trade Launches Forex and Export Tax Refund Platform

This paper introduces the concepts of forward and reverse exchange in foreign exchange receipt and payment, emphasizing the importance of providing one-stop foreign exchange receipt and payment and export tax rebate services for foreign trade enterprises. This service aims to help companies simplify processes, save time and effort, and focus on core business development through a professional team, efficient processes, and compliance guarantees. It streamlines operations and allows businesses to concentrate on growth, ensuring a seamless and compliant experience in international trade.

08/21/2025 International Settlement
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MIAT Mongolian Airlines Expands Hub and Cargo Operations

MIAT Mongolian Airlines Expands Hub and Cargo Operations

This paper provides an in-depth analysis of MIAT Mongolian Airlines' operations, covering its hub airport, route network, cargo services, fleet composition, and the challenges and opportunities it faces. The study emphasizes the importance of digital transformation, safety management, and sustainable development for the future growth of MIAT. It also envisions the airline's promising future as Mongolia's national flag carrier, highlighting its role in connecting the nation to the world and contributing to its economic development through reliable air transportation and cargo services.

08/21/2025 Airlines
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Da Shun Logistics Resolves Exhibition Goods Mislabeling Crisis

Da Shun Logistics Resolves Exhibition Goods Mislabeling Crisis

Dashun Logistics successfully resolved a customs clearance issue for imported exhibits caused by incorrect labeling. Through proactive communication and collaboration, they secured support from customs authorities, ensuring the exhibits participated in the exhibition on time. This case demonstrates the company's efficient teamwork, honest communication, and customer-centric service philosophy, providing valuable insights for other businesses. Dashun's approach highlights the importance of building strong relationships with customs officials and proactively addressing potential issues to avoid delays and ensure smooth import processes.

08/21/2025 Customs Knowledge
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Free Trade Zones Ease Barriers Boost Market Access

Free Trade Zones Ease Barriers Boost Market Access

This paper, through case study analysis, details how to leverage the entrepôt trade function of free trade zone bonded warehouses to help companies circumvent geopolitical risks and realize cross-border trade using a triangular trade model. It provides an in-depth analysis of the documents and procedures required for entrepôt trade and emphasizes the advantages of free trade zone bonded warehouses in improving customs clearance speed and reducing trade costs. This offers practical guidance for companies to expand into international markets.

08/21/2025 Customs Knowledge
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Import Duty Guide Declaring Fees Under Incoterms

Import Duty Guide Declaring Fees Under Incoterms

This article, from the perspective of a data analyst, provides an in-depth analysis of the declaration specifications for the 'Freight' and 'Miscellaneous Charges' columns in import customs declarations under common Incoterms such as CIF, CFR/CPT, FOB/FCA/FAS, and EXW. Through case studies and customs reminders, it helps companies comply with declarations, reduce tax risks, and improve customs clearance efficiency. The focus is on ensuring accurate and compliant reporting of these charges to avoid potential penalties and streamline the import process.

08/23/2025 Customs Knowledge
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Shanghai Port Enhances Container Shipping Efficiency

Shanghai Port Enhances Container Shipping Efficiency

This article provides a detailed analysis of Shanghai Port's shipping container operation process, comparing it with Shenzhen Port. It elaborates on key aspects such as container entry and customs clearance time. Through specific case studies, it offers practical operational guidance and risk control advice for freight forwarding companies and foreign trade businesses, aiming to improve freight efficiency and reduce operating costs. The analysis focuses on streamlining processes and minimizing delays related to customs and container handling within the Shanghai port environment.

08/23/2025 Logistics Encyclopedia
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