exchange rate transfer News

High Ecommerce Return Rates Cut Crossborder Seller Profits

Cross-border e-commerce sellers face the challenge of high return rates, eroding profit margins. This paper analyzes the current situation of return rates, the differences in return policies among e-commerce platforms, and the controversy and risks associated with the "refund only without return" policy. It proposes strategies for sellers to optimize product quality, improve logistics, and enhance after-sales service. The paper emphasizes the importance of building a fairer cooperative model between platforms and sellers to mitigate the negative impacts of high return rates and ensure sustainable business growth.

01/16/2026 Logistics Industry Insights

Ecommerce Firms Face Challenges in Global Shipping Customs

This article delves into the five key factors influencing customs inspection rates for international express shipments: destination country policies, cargo type, declaration information, transportation method, and other risk factors. It provides six practical tips aimed at helping cross-border e-commerce sellers reduce the probability of inspection, ensure smooth customs clearance, and improve operational efficiency. By understanding these factors and implementing the suggested strategies, businesses can minimize delays and costs associated with customs inspections, ultimately enhancing their international logistics operations.

01/15/2026 Customs Knowledge

East Coast Ports Gain As Supply Chains Diversify From West Coast

Persistent congestion at the Ports of Los Angeles and Long Beach is driving importers to shift to East Coast ports, leading to a significant increase in throughput. However, East Coast ports are also facing congestion and rising freight rates. Businesses need to enhance supply chain resilience through risk assessment, cost analysis, diversification strategies, and technology adoption to navigate the evolving market environment. This proactive approach is crucial for mitigating disruptions and maintaining operational efficiency amidst ongoing supply chain challenges.

01/19/2026 Logistics

Banco De Occidente SWIFT Code Guide for Global Transfers

This article provides a detailed analysis of Banco de Occidente Colombia's SWIFT code, OCCICOBCBO2. It explains the structure and function of SWIFT codes, as well as their application in international money transfers. Furthermore, it offers important considerations and verification methods for using SWIFT codes when sending money abroad, aiming to help readers conduct cross-border transactions safely and efficiently. The information helps users understand how to use SWIFT codes correctly and avoid potential errors or delays in their international payments.

09/04/2025 International Settlement

CIBC Jamaica Simplifies SWIFT Codes for Global Transfers

This article provides a detailed explanation of the SWIFT code for CIBC FirstCaribbean International Bank (Jamaica). It covers the usage scenarios of the core code, FCIBJMKNXXX, the method for finding branch-specific codes, and the overall importance of SWIFT codes. The aim is to assist readers in accurately filling out SWIFT codes to ensure that international remittances are securely and efficiently delivered to the recipient. Understanding the correct code is crucial for smooth and reliable international transactions involving CIBC FirstCaribbean in Jamaica.