Key Freight Terms and Cargo Handling in Global Trade Explained

Key Freight Terms and Cargo Handling in Global Trade Explained

This paper delves into critical aspects of freight forwarding practice, including the significance of the Bill of Lading's declared value, the basis for cargo damage claims, the definition of non-containerized shipments, customs clearance procedures, the distinction between 'first release' and 'second release', the concepts of LCL consolidation and cooperative stuffing, and the division of responsibilities between buyers and sellers under DDU terms. It aims to provide practical guidance for professionals in the foreign trade industry, clarifying key operational procedures and liabilities.

Guide to Banque Extrieure Dalgrie SWIFT Codes

Guide to Banque Extrieure Dalgrie SWIFT Codes

This article provides a detailed explanation of BANQUE EXTERIEURE D'ALGERIE (BEA)'s SWIFT code, BEXADZAL008. It analyzes the code's structure, usage scenarios, and important considerations. The aim is to assist readers in accurately executing cross-border remittances, preventing delays and errors. Furthermore, it addresses frequently asked questions related to SWIFT codes, offering practical guidance for international financial transactions involving BEA.