Standard Chartered Nigeria Explains SWIFT Code SCBLNGLAXXX

Standard Chartered Nigeria Explains SWIFT Code SCBLNGLAXXX

This article provides an in-depth analysis of the SWIFT code SCBLNGLAXXX for STANDARD CHARTERED BANK NIGERIA LIMITED, detailing its structure, application scenarios, and usage precautions. It emphasizes the importance of verifying bank information and preventing fraud risks. The article also offers guidance on how to find branch codes. The aim is to provide professional guidance for cross-border remittances, ensuring the safe and efficient arrival of funds. It highlights the need for due diligence and awareness to mitigate potential issues in international money transfers.

09/03/2025 International Settlement
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AI Enhances Customs Fraud Detection Curbing Tax Evasion

AI Enhances Customs Fraud Detection Curbing Tax Evasion

The DATE neural network model, developed by the World Customs Organization (WCO), leverages a dual attention mechanism and tree-aware embedding techniques to effectively identify potential customs fraud transactions and improve inspection efficiency. Successfully piloted in Nigeria and open-sourced for use by customs administrations worldwide, this model has the potential to become a new tool in combating cross-border tax evasion. It offers a data-driven approach to detecting irregularities and enhancing risk assessment in international trade, ultimately contributing to fairer and more secure global commerce.

01/27/2026 Customs Knowledge
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Amazon Sellers Face Massive Trademark Fraud Allegations

Amazon Sellers Face Massive Trademark Fraud Allegations

The USPTO is investigating Shenzhen Hai Yi company for alleged trademark application fraud, including using deceased attorney's signatures, involving over 2000 trademarks. Thousands of Amazon sellers may be affected, facing potential trademark invalidation. Sellers are advised to self-check trademark associations and choose reliable agents to ensure brand security.

01/06/2026 Customs Knowledge
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Ebay Tightens Rules Against Fake Listings Fraud

Ebay Tightens Rules Against Fake Listings Fraud

This article provides an in-depth analysis of eBay's standards for identifying shill bidding and the severe penalties imposed. It emphasizes the importance of sellers ensuring the accuracy of the item location information. The article also offers practical advice for sellers to operate in compliance, aiming to help them avoid violation risks and maintain a good business reputation, thus achieving sustainable development on the eBay platform. It highlights the significance of ethical practices and adherence to eBay's policies for long-term success.

01/05/2026 Customs Knowledge
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Amazon Sellers Face Growing Review Fraud Challenges

Amazon Sellers Face Growing Review Fraud Challenges

Review scams in cross-border e-commerce are increasingly rampant, and sellers need to be wary of new fraudulent methods like 'review honey traps.' This article analyzes the operation process, common tactics, and potential risks of review scams. It also provides prevention suggestions, emphasizing the importance of choosing legitimate channels, verifying qualifications, signing contracts, controlling order volume, and making payments cautiously. The aim is to help Amazon sellers mitigate risks and protect their rights.

12/30/2025 Logistics Industry Insights
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Temu Tightens Seller Vetting to Combat Fraud

Temu Tightens Seller Vetting to Combat Fraud

Temu has upgraded its qualification review process, cracking down on qualification abuse and creating a 'joint liability' risk for sellers. This article delves into the new platform rules, revealing key targeted violations, analyzing manufacturer risks and joint liabilities, detailing penalty measures, and providing key self-inspection items and category tips for sellers. Experts recommend that sellers build an independent qualification system to ensure the authenticity and traceability of testing reports to mitigate risks and enhance brand compliance competitiveness. This helps avoid potential penalties and maintain a compliant and competitive presence on the platform.

02/05/2026 Customs Knowledge
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Fraud Probes Target Shenzhens Freight Forwarding Sector

Fraud Probes Target Shenzhens Freight Forwarding Sector

A series of fraud cases targeting fellow freight forwarders have emerged in Shenzhen, involving significant sums and exposing industry risks. Insiders indicate the freight forwarding sector is entering a 'shakeout' period, with more similar incidents potentially occurring in the second half of the year. Caution is advised when selecting a freight forwarder. Compliance operation and risk resistance are crucial factors. Don't solely pursue low prices and extended payment terms. The industry is undergoing a period of consolidation and increased scrutiny, demanding greater vigilance and responsible practices.

02/05/2026 Logistics Industry Insights
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Shanghai Intensifies Crackdown on Export Tax Fraud

Shanghai Intensifies Crackdown on Export Tax Fraud

Shanghai tax authorities have cracked down on export tax rebate fraud, investigating Shanghai Jinhui Investment Industry Co., Ltd. and Ru Chen International Trade (Shanghai) Co., Ltd. in two separate cases. The individuals involved have been severely punished by law, demonstrating the tax authorities' determination to maintain tax order and safeguard national financial security. The crackdown underscores the commitment to preventing economic crimes related to export tax rebates and ensuring fair trade practices.

02/11/2026 Customs Knowledge
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Yiwu Trade Fraud Case Reveals Crossborder Risk Gaps

Yiwu Trade Fraud Case Reveals Crossborder Risk Gaps

A multi-million dollar fraud case has emerged in the Yiwu foreign trade community, affecting nearly a hundred suppliers. The fraudsters established trust before disappearing. It is recommended to strengthen risk control measures to prevent similar scams. This incident highlights the vulnerability of suppliers in cross-border transactions and the need for robust due diligence processes. Implementing stricter verification procedures and diversifying business relationships can mitigate potential losses from fraudulent activities. Continuous monitoring and adaptation of risk management strategies are crucial for safeguarding businesses in the dynamic global marketplace.

02/11/2026 Logistics Industry Insights
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Namibia Enhances Border Systems to Improve Trade

Namibia Enhances Border Systems to Improve Trade

Namibia is actively promoting Coordinated Border Management (CBM) by establishing an inter-agency standard regulatory framework and unified data standards, aiming to reduce border delays and facilitate legitimate trade. This framework was developed in collaboration with the World Customs Organization (WCO) and supported by the WCO's Accelerate Trade Facilitation Programme. Namibia's practice provides valuable experience for other developing countries, contributing to building a more open, efficient, and secure global trading system. The initiative focuses on streamlining procedures and enhancing cooperation between various border agencies.

01/05/2026 Customs Knowledge
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