The article introduces the SWIFT/BIC code PMAPPS22TIA of the Palestinian Monetary Authority, highlighting its significance in international remittances. It provides the best practices for remittance processes and key considerations to ensure that funds are delivered accurately and securely.
This article introduces the branches of the Palestine Monetary Authority and their respective SWIFT codes, ensuring efficiency and accuracy in international payments. Choosing the appropriate SWIFT code can help you smoothly receive international remittances, while also providing solutions for branches that are not listed.
The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) are jointly supporting the Kenya Revenue Authority (KRA) to enhance its risk assessment and selectivity capabilities, addressing new trade challenges in East Africa. Using a two-pronged approach combining expert discussions and practical exercises, Kenyan Customs actively participates in building a smart customs administration. This initiative aims to improve clearance efficiency, promote trade facilitation, and ultimately contribute to Kenya's economic growth.
The World Customs Organization (WCO), through the Mercator Programme, is supporting the Zimbabwe Revenue Authority (ZIMRA) in adopting a blended e-learning training approach. This initiative aims to enhance customs capacity and facilitate trade. The program involves establishing an e-learning platform, training instructors, and reviewing the training system. Expected to launch by the end of the year and be extended to other courses, this marks a significant step in customs capacity building for Zimbabwe.
With the assistance of the World Customs Organization (WCO), the Uganda Revenue Authority (URA) is actively exploring a data-driven approach to customs performance management. By optimizing data collection and analysis, establishing performance evaluation mechanisms, and implementing cultural change and capacity building, the URA aims to improve customs operational efficiency and optimize resource allocation. This initiative ultimately seeks to better serve Uganda's economic development. This reform practice provides valuable lessons for other developing countries.
The Ghana Revenue Authority has established a Joint Customs Consultative Committee at Tema Port. This initiative aims to promote trade facilitation, reduce compliance costs for businesses, and enhance customs efficiency and transparency. The committee will serve as a platform for dialogue and collaboration between the GRA and stakeholders in the trading community. By addressing concerns and streamlining processes, the GRA seeks to create a more efficient and predictable trading environment, ultimately contributing to economic growth.
UPS is actively building a 'Logistics-as-a-Service' (LaaS) ecosystem, integrating its digital services. This strategy, built on five pillars – delivery density, end-to-end visibility, financial solutions, advanced capabilities, and reverse logistics – aims to provide customers with more comprehensive and personalized logistics solutions. This addresses the challenge of declining parcel volumes and unlocks new revenue streams. Competitor FedEx is also investing in LaaS, indicating an accelerated digital transformation within the logistics industry.
With the support of the World Customs Organization (WCO), the Liberia Revenue Authority (LRA) is modernizing its Human Resource Management (HRM). This includes developing a job catalog and competency framework, as well as initiating capacity assessments and change management. Emerging as a model in West Africa, the LRA is progressing towards becoming a regional leader in HRM, offering valuable lessons for other developing nations. The modernization efforts aim to enhance the efficiency and effectiveness of the LRA's workforce.
With the support of the WCO WACAM project, the Liberia Revenue Authority is actively implementing a competency-based human resource management system. This includes developing tools such as job benchmarks, competency frameworks, and job descriptions, as well as formulating human resource and training strategies. This initiative aims to enhance employee performance, achieve organizational goals, and inject new vitality into Liberia's economic development and social progress. The focus is on building a skilled and effective tax workforce.
WCO training helps Zimbabwe Revenue Authority (ZIMRA) enhance its project management capabilities to better implement the WTO Trade Facilitation Agreement. ZIMRA places great importance on project governance and looks forward to continued cooperation with the WCO. This initiative aims to improve efficiency and effectiveness in customs procedures, contributing to smoother trade flows and economic growth in Zimbabwe. By strengthening project management skills, ZIMRA can effectively manage and implement various trade facilitation initiatives, ultimately benefiting businesses and the overall economy.
