Arab Bank Plcs SWIFT Code Key for Crossborder Payments

Arab Bank Plcs SWIFT Code Key for Crossborder Payments

The SWIFT code for ARAB BANK PLC is ARABJOAX105, located in Al-Russeifa, Jordan. Using this code correctly ensures that international transfers are completed smoothly and efficiently. Customers should be aware of the impact of exchange rates and fees during cross-border transfers, and verifying the validity of the SWIFT code in a timely manner is crucial to avoid delays.

Jordan Customs Streamlines Trade with Wcobacked Clearance Reforms

Jordan Customs Streamlines Trade with Wcobacked Clearance Reforms

With WCO support, the Jordan Customs Department held a workshop focused on optimizing fast clearance processes and enhancing trade facilitation. By establishing new Standard Operating Procedures (SOPs), Jordan Customs aims to standardize the expedited release of imported goods at air cargo facilities, fostering trade development. The GTFP project assists Jordan Customs in improving its fast clearance capabilities through various support activities, reducing trade costs and increasing trade efficiency. This initiative is crucial for streamlining customs procedures and promoting economic growth in Jordan.

Jordan Customs Adopts WCO Audit System to Boost Trade Compliance

Jordan Customs Adopts WCO Audit System to Boost Trade Compliance

The World Customs Organization (WCO) conducted a diagnostic assessment of Jordan Customs' Post Clearance Audit (PCA) system to help Jordan establish an efficient and compliant trade system aligned with international standards. The assessment covered areas such as risk management, information technology, and personnel training, and provided recommendations for improvement. This report will serve as a crucial reference for Jordan Customs in modernizing its PCA system and enhancing its international competitiveness. It aims to support Jordan in achieving trade facilitation goals through improved customs procedures and compliance.

Jordan Enhances Trade with Wcobacked Customs Upgrades

Jordan Enhances Trade with Wcobacked Customs Upgrades

The Jordan Customs Valuation Workshop, jointly organized by the World Customs Organization (WCO) and the Customs Cooperation Fund Germany (CCF Germany), aimed to enhance the understanding and application of the Customs Valuation Agreement among Jordanian customs officials. Through theoretical learning and case studies, participants delved into key issues such as the transaction value principle and alternative valuation methods. This initiative laid the foundation for Jordan to build a fair and transparent international trade environment.

Jordan Customs Boosts Project Management for Modernization

Jordan Customs Boosts Project Management for Modernization

The World Customs Organization (WCO) supports Jordan Customs in enhancing its project management capabilities. Through workshops and other initiatives, the WCO assists in building a project management framework, adopting results-oriented management, and emphasizing the role of the Project Management Office (PMO). This action aims to help Jordan Customs more effectively implement strategic projects, improve efficiency and productivity, and ultimately achieve customs modernization. The focus is on building internal capacity to manage projects effectively and achieve strategic goals.