Globalegrow Founder Investigated As Suppliers Seek Unpaid Funds

Globalegrow Founder Investigated As Suppliers Seek Unpaid Funds

Globalegrow founder Xu Jiadong responded to the investigation, claiming it stemmed from personal grievances with Yang Jianxin, the actual controller of Global Top. Subsequently, multiple suppliers accused Globalegrow of overdue payments, drawing industry attention. This incident highlights potential debt problems within rapidly growing cross-border e-commerce companies, necessitating intervention from relevant authorities to protect supplier rights. The situation reveals vulnerabilities in the sector and underscores the need for greater financial transparency and accountability.

Guide to Sending Funds to Libyas NCB Via SWIFT

Guide to Sending Funds to Libyas NCB Via SWIFT

Understanding the importance of the SWIFT code LNCBLYLT057 for transferring funds to the National Commercial Bank ensures that your international transactions are secure and swift. This article offers a detailed interpretation of the SWIFT code and provides usage recommendations to help you avoid potential issues during the remittance process.