Moldova Boosts Customs Efficiency to Streamline Trade

Moldova Boosts Customs Efficiency to Streamline Trade

The World Customs Organization (WCO) held a Customs Valuation workshop in Moldova to enhance the country's customs expertise in customs valuation and promote trade facilitation. The workshop covered topics such as the application of the WTO Valuation Agreement, the establishment and utilization of valuation databases, the valuation of second-hand goods, the treatment of assistance and license fees, and the advance ruling system. This provided valuable learning opportunities for Moldovan customs officials.

01/07/2026 Customs Knowledge
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Vietnams Vietcombank Updates SWIFT Codes for Crossborder Transfers note The Original Article Mentions JOINTSTOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Internationally

Vietnams Vietcombank Updates SWIFT Codes for Crossborder Transfers note The Original Article Mentions JOINTSTOCK COMMERCIAL VICTORIABANK but vietcombank vietnam Joint Stock Commercial Bank for Industry and Trade Is a More Internationally

This article provides a detailed overview of the SWIFT/BIC code (VICBMD2XXXX) for the Joint-Stock Commercial Victoriabank in Moldova, highlighting its significance in cross-border remittances. It also includes essential information about the bank and advises users on important considerations to ensure accurate and secure fund transfers.

08/21/2025 International Settlement
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IBAN Use in Moldova Key Tips for Secure Remittances

IBAN Use in Moldova Key Tips for Secure Remittances

The International Bank Account Number (IBAN) in Moldova is crucial for ensuring the safety and accuracy of international remittances. This article provides a detailed analysis of the structure of the IBAN, how to obtain it, and its necessity in international transfers. It also offers a series of practical tips and answers to common questions.

08/18/2025 International Settlement
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Guide to Victoriabank SWIFT Codes for Moldova Transfers

Guide to Victoriabank SWIFT Codes for Moldova Transfers

This article provides a detailed explanation of Victoriabank S.A.'s SWIFT code, VICBMD2XXXX, in Moldova and its usage scenarios. It emphasizes the importance of verifying information accuracy to ensure smooth international money transfers and avoid delays. Understanding the correct SWIFT code is crucial for successful international transactions involving Victoriabank S.A. and Moldova. The article aims to simplify the process of international remittances by providing clear and concise information about this specific SWIFT code.

09/03/2025 International Settlement
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Moldova Boosts Trade Via Mercator Program WTO Deal

Moldova Boosts Trade Via Mercator Program WTO Deal

Moldova, with support from Switzerland and the WCO, has launched the "Mercator Program" to streamline customs procedures, improve trade efficiency, and foster economic growth and regional cooperation. The initiative aims to reduce trade barriers, simplify documentation, and enhance transparency in cross-border trade. By implementing modern customs practices and technologies, Moldova seeks to boost its competitiveness and integrate further into the global economy. The Mercator Program is expected to contribute significantly to Moldova's economic development and strengthen its position as a reliable trading partner.

01/05/2026 Customs Knowledge
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Moldova Boosts Trade Efficiency with Customs System Upgrade

Moldova Boosts Trade Efficiency with Customs System Upgrade

Supported by the SECO-WCO Global Trade Facilitation Programme, Moldovan Customs held a workshop on strategic planning and performance evaluation to enhance strategic alignment, governance, and accountability. Participants utilized tools like PESTLE and SWOT analysis to develop strategic objectives and KPIs. The WCO will continue to provide support, assisting Moldovan Customs in becoming a new engine for efficient trade. The workshop aimed to improve customs operations through better planning and performance measurement, ultimately contributing to increased trade facilitation and economic growth in Moldova.

12/30/2025 Customs Knowledge
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Moldova Boosts Customs Skills with WCO HS Workshop

Moldova Boosts Customs Skills with WCO HS Workshop

The World Customs Organization (WCO) and the Customs Service of Moldova jointly organized a national workshop on the Harmonized System (HS). The workshop aimed to enhance the capacity of Moldovan Customs in tariff classification. Covering HS coding rules, case studies, and international classification practices, the seminar sought to improve customs operational efficiency, facilitate international trade, and strengthen cooperation between Moldovan Customs and international organizations. The focus was on building expertise and ensuring accurate application of the HS for effective customs administration.

12/30/2025 Customs Knowledge
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