Customs Settlement Methods Code Explanation and Class Analysis

Customs Settlement Methods Code Explanation and Class Analysis

This article provides a detailed analysis of customs settlement method codes, focusing on common methods such as letters of credit, telegraphic transfers, checks, and collections. It categorizes the advantages and disadvantages of each settlement method and discusses their applicable scenarios. Additionally, the article explores customs definitions of settlement methods and their application in international trade. The diversity of settlement methods caters to different trade needs, ensuring transaction security and flexibility.

07/21/2025 International Settlement
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ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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Datadriven Tiktok Strategies Hit 150K Monthly Sales

Datadriven Tiktok Strategies Hit 150K Monthly Sales

This article delves into the core principles, methods, and common pitfalls of TikTok product selection, emphasizing the importance of data-driven decision-making. By analyzing key factors such as offline uniqueness, average order value, gross profit margin, and viral videos, and leveraging data analysis tools like TikTok Analytics, third-party platforms, and social listening, it helps sellers accurately select products and tap into growth opportunities, potentially achieving monthly sales of $150,000. The analysis provides actionable insights for cross-border e-commerce businesses aiming to optimize their product selection strategy on TikTok.

01/07/2026 Logistics Industry Insights
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OAG Data Tracks Monthly Air Travel Trends

OAG Data Tracks Monthly Air Travel Trends

OAG's monthly air travel data intelligence helps you understand global and US aviation market trends, key timing opportunities, passenger sentiment, and an overview of the Middle East aviation market. Through refined data, it helps you develop precise strategies, optimize operations, expand your market, and enhance your competitive advantage. Gain a decisive edge in the market with data-driven insights.

01/07/2026 Logistics Industry Insights
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DHL Introduces Fixed Monthly Fees for Ecommerce Sellers

DHL Introduces Fixed Monthly Fees for Ecommerce Sellers

Starting July 2025, DHL will implement a monthly fixed fee for e-commerce sellers to help reduce average package costs and optimize the logistics experience. The fee will range from €7.95 to €119.95, aiming to enhance sellers' shipping efficiency and drive business growth.

06/05/2025 Logistics
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Monthly Payment Plan Eases Cash Flow for Importers

Monthly Payment Plan Eases Cash Flow for Importers

The Periodic Monthly Statement (PMS) is a payment option introduced by U.S. Customs that allows importers to consolidate duty and tax payments on a monthly basis, optimizing cash flow. This program not only reduces the financial pressure of individual payments but also enhances the flexibility of fund utilization, making it a valuable option for importers to consider and leverage.

08/05/2025 Customs Knowledge
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Can New Amazon Sellers Realistically Earn 5000 Monthly

Can New Amazon Sellers Realistically Earn 5000 Monthly

This article analyzes the possibility and challenges for new sellers to achieve a monthly income of 50,000 RMB on the Amazon platform. It points out that while not easy, success is possible through refined operations, sufficient capital preparation, and effective risk control. The article also reminds sellers to be aware of potential risks and recommends a thorough assessment of their own risk tolerance. Achieving this goal requires dedication, strategic planning, and a proactive approach to managing the complexities of the Amazon marketplace. Careful consideration of these factors can significantly increase the likelihood of success.

12/30/2025 Logistics Industry Insights
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Global Airfare Pricing Standardized Under IATA Exchange Rates

Global Airfare Pricing Standardized Under IATA Exchange Rates

The IATA Rate of Exchange (IROE) is a crucial tool for airlines in constructing international airfares. It provides a monthly updated industry-standard exchange rate, used to build local currency fares based on the Neutral Unit of Construction (NUC). This minimizes losses from currency fluctuations, enhances fare calculation efficiency, and reduces settlement disputes. It's suitable for technical personnel and managers. Available in TXT or CSV formats, and offers member discounts. It is essential for accurate and efficient international ticket pricing and currency conversion within the airline industry.

01/05/2026 Exchange Rate Query
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