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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Bank of Greece Issues Guide on SWIFT Codes for Crossborder Transfers

Bank of Greece Issues Guide on SWIFT Codes for Crossborder Transfers

This article provides a detailed overview of the SWIFT codes for the Bank of Greece, including the head office code BNGRGRAAXXX and codes for some branches. It offers guidance on how to find the correct SWIFT code and highlights the risks associated with using incorrect codes. The aim is to assist readers in making cross-border remittances efficiently and accurately by providing them with necessary information about Bank of Greece's SWIFT codes and potential pitfalls to avoid.

09/03/2025 International Settlement
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Bank of Uganda Issues Guide on SWIFT Codes for Crossborder Transfers

Bank of Uganda Issues Guide on SWIFT Codes for Crossborder Transfers

This article provides a detailed overview of the SWIFT code (UGBAUGKAXXX) for the Bank of Uganda. It explains the structure and purpose of SWIFT codes, offering methods to verify the correct code. Furthermore, it outlines the necessary information and precautions to consider when making a cross-border remittance to the Bank of Uganda. The aim is to guide readers through the process, ensuring a smooth and successful transfer of funds to the Bank of Uganda.

09/03/2025 International Settlement
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ATA Carnet Simplifies Global Trade and Cultural Exchanges

ATA Carnet Simplifies Global Trade and Cultural Exchanges

The ATA Carnet is an international customs document that allows goods to be temporarily imported without paying duties, simplifying and standardizing cross-border trade procedures. It is applicable in nearly 80 countries and covers a wide range of products, facilitating easier customs clearance for individuals participating in exhibitions, trade negotiations, and cultural events, ultimately saving time and costs.

08/05/2025 Customs Knowledge
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Lumi Airport Emerges As Key Logistics Hub in Papua New Guinea

Lumi Airport Emerges As Key Logistics Hub in Papua New Guinea

This article introduces basic information about Lumi Airport (LMI) in Papua New Guinea, including its geographical location, time zone, airport type, and its role in West Coast cargo operations. It highlights that the airport is a non-customs airport, requiring special attention to customs clearance matters. It is recommended to understand relevant regulations and procedures in advance.

09/29/2025 Airport Codes
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Rafsanjan Airport RJN Key Hub for Irans Air Freight Growth

Rafsanjan Airport RJN Key Hub for Irans Air Freight Growth

This article focuses on Rafsanjan Airport (RJN) in Iran, analyzing the meaning and value behind its three-letter code. As a crucial aviation hub in Kerman Province, RJN plays a key role in regional air transport. The article also reminds that, as a non-customs airport, it is necessary to understand the relevant customs clearance requirements in advance.

09/29/2025 Airport Codes
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Philippines Initiates Study to Boost Maritime Trade Efficiency

Philippines Initiates Study to Boost Maritime Trade Efficiency

The Philippines has launched a National Customs Time Study at the Manila International Container Port, aimed at enhancing customs clearance efficiency in maritime trade. Supported by the WCO and the UK's HMRC, the project will employ a data-driven approach to identify bottlenecks, with the final report expected by the end of 2025. This study will serve as a foundation for future trade facilitation and national coordination.

08/08/2025 Logistics
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Shipping Class 52 Hazardous Materials Key Challenges and Guidelines

Shipping Class 52 Hazardous Materials Key Challenges and Guidelines

This article shares practical experience in exporting Class 5.2 dangerous goods by sea, provided by a seasoned freight forwarder. It details key aspects like vessel selection, booking, warehousing, declaration, and customs clearance, highlighting crucial points to note. Specific solutions are offered for handling the unique conditions at Yangshan Port. This guide helps you avoid pitfalls and achieve efficient customs clearance for your dangerous goods shipments.

01/06/2025 Logistics Encyclopedia
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Risks and Costs of Uncleared Goods in Global Trade

Risks and Costs of Uncleared Goods in Global Trade

This paper explores the feasibility, risks, and costs associated with pre-arrival of uncleared goods. Operationally feasible, it relies on coordination with customs brokers and carries inspection risks. Cost-wise, pre-arrival and amendment fees may incur additional expenses. We recommend a comprehensive assessment of factors such as cargo nature, customs broker capabilities, and port regulations before making a decision. Careful consideration is advised.

08/22/2025 Customs Knowledge
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WCO Releases Guide on Harmonized System Trade Compliance

WCO Releases Guide on Harmonized System Trade Compliance

The Compendium of Classification Opinions compiles authoritative rulings from the World Customs Organization Harmonized System Committee regarding complex commodity classifications. It holds the same weight as the Explanatory Notes to the Harmonized System, but focuses more on specific goods. This resource helps companies accurately classify products, reduce trade risks, and improve customs clearance efficiency. It is an essential tool for corporate compliance departments and trade professionals.

11/03/2025 HS Code Query
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