Guide to SWIFTBIC Codes for Bermuda Banks

Guide to SWIFTBIC Codes for Bermuda Banks

This article explains how to find and use the correct SWIFT/BIC code when sending remittances to Bermuda. It emphasizes the importance of using the right code for successful transfers. The article provides avenues for looking up the correct SWIFT/BIC code and reminds users of the risks associated with using incorrect codes, which can lead to delays or failed transactions. Using the proper code ensures funds reach the intended recipient in Bermuda efficiently and securely.

09/01/2025 International Settlement
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Commodity Firms Adopt Futures Strategies to Mitigate Risk

Commodity Firms Adopt Futures Strategies to Mitigate Risk

Cash-futures combination is a crucial strategy for enterprises to mitigate commodity price volatility, stabilize operations, and enhance value. Through hedging, basis trading, exchange for physicals (EFP), and pricing to be fixed (PTBF) transactions, companies can effectively manage risk, optimize inventory, lock in costs, and potentially profit from market fluctuations. Establishing a robust cash-futures integration system is essential for modern enterprises to achieve sustainable development, enabling them to navigate market uncertainties and secure long-term profitability.

09/28/2025 Logistics Industry Insights
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Ebay Suspends Seller Assessments Amid Hong Kong Logistics Policy Shift

Ebay Suspends Seller Assessments Amid Hong Kong Logistics Policy Shift

eBay is temporarily suspending the logistics service performance assessment policy for direct shipping transactions from Hong Kong, in response to adjustments made by Hong Kong Post to its mail service to the United States. Simultaneously, eBay is providing automatic account protection, including removing late shipment rate records, to safeguard seller rights. Sellers should closely monitor policy changes and adjust their logistics strategies accordingly. This aims to mitigate potential negative impacts on sellers due to external postal service disruptions.

11/03/2025 Logistics
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New System Simplifies Air Cargo Financial Settlements

New System Simplifies Air Cargo Financial Settlements

CASS (Cargo Account Settlement Systems) is an IATA-designed settlement system for the air cargo industry. It simplifies accounting processes between airlines and freight forwarders through centralized settlement, electronic billing, and a neutral platform, reducing costs and improving efficiency. Becoming a CASS member offers numerous benefits. In the future, CASS will become more intelligent and automated, providing better services to the global air cargo industry. It streamlines financial transactions, ensuring accuracy and speed in a complex global network.

12/30/2025 International Settlement
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Zhengzhou Summit Aims to Boost Central Chinas Ecommerce Trade

Zhengzhou Summit Aims to Boost Central Chinas Ecommerce Trade

On June 12, 2025, Zhengzhou will host the "Central Plains Trendy Products Renewal Season · Amazon & TikTok Shop Explosive Order Growth Exchange Conference." This interactive learning event focuses on strategies for achieving explosive order growth, supported by Big Data Cross-border technology, ensuring secure transactions. It aims to help cross-border e-commerce practitioners grasp the latest trends and achieve business breakthroughs. The event will provide insights and practical knowledge to help businesses thrive in the competitive e-commerce landscape.

06/11/2025 Logistics Industry Insights
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Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Pingpong Freezes Seller Funds As Amazon Faces Scrutiny

Cross-border e-commerce sellers report that PingPong allegedly froze seller funds at Amazon's request, causing industry shock. This article delves into the event, exploring the power boundaries of payment platforms, revealing potential risks, and proposing response strategies. It calls on payment platforms to clarify their positioning and protect the rights and interests of sellers. The incident raises concerns about the security of cross-border transactions and the influence of large marketplaces on payment providers' decisions.

01/04/2026 International Settlement
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Paypal Enhances Security with Phone Verification

Paypal Enhances Security with Phone Verification

This article delves into PayPal's phone number verification mechanism, clarifying the difference between adding and verifying a phone number. It analyzes the characteristics and risks associated with unverified and verified numbers, and provides methods for determining verification status. Furthermore, it offers account security recommendations. Understanding these mechanisms empowers users to better protect their PayPal accounts and enjoy a secure and convenient payment experience. This knowledge is crucial for mitigating potential risks and ensuring the integrity of online transactions.

01/07/2026 International Settlement
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Stripe Challenges Paypal in Crossborder Payments Market

Stripe Challenges Paypal in Crossborder Payments Market

PayPal is facing internal and external challenges, including layoffs, declining stock prices, and dissatisfaction from Chinese sellers due to account closures. Meanwhile, Stripe is rapidly rising with its technological advantages and support from Amazon, challenging PayPal's dominance. The cross-border payment market is becoming increasingly competitive, and PayPal's future is uncertain. Whether it chooses to persevere or adapt will determine its ultimate fate. The competition between these major players will shape the future of online transactions worldwide.

01/07/2026 Logistics Industry Insights
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Ebay PSA Partner to Boost Trust in Luxury Trading Cards

Ebay PSA Partner to Boost Trust in Luxury Trading Cards

eBay has partnered with PSA to enhance its 'Authenticity Guarantee' service for trading cards, injecting greater trust into the high-value trading card market. PSA's professional authentication ensures cards match their descriptions, preventing alterations or counterfeiting. This initiative is a significant step in eBay's ongoing efforts to improve the collector trading experience and create a safe, reliable trading environment. This collaboration aims to promote the healthy development of the collectibles market by fostering confidence and security in transactions.

01/06/2026 Logistics Industry Insights
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Ebay Clarifies Used Item Return Policies for Buyers Sellers

Ebay Clarifies Used Item Return Policies for Buyers Sellers

This article provides a detailed interpretation of eBay's refund policies for buying used items, offering practical advice for both buyers and sellers. Buyers should understand their rights, while sellers need to master strategies for handling returns. Effective communication and the appropriate selection of return options are crucial for both parties to maintain a positive eBay transaction environment. The article aims to help navigate the complexities of eBay returns and ensure fair outcomes in secondhand transactions within the platform's rules.

01/06/2026 Logistics Encyclopedia
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