Guide to Secure SWIFT Transfers for China Payments

Guide to Secure SWIFT Transfers for China Payments

This article provides a detailed interpretation of the SWIFT code issued by the People's Bank of China, emphasizing the importance of branch codes and offering methods for verification. It also analyzes common pitfalls in cross-border remittances and proposes corresponding preventive measures. The aim is to help readers complete international remittances safely and efficiently. It covers practical guidance on understanding the structure of SWIFT codes within the Chinese banking system and highlights best practices for avoiding errors and potential fraud during international money transfers.

09/03/2025 International Settlement
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Lowes Supply Chief Shares Retail Optimization Strategies

Lowes Supply Chief Shares Retail Optimization Strategies

Lowe's SVP of Supply Chain Execution, Margi Vagell, shares five key insights for optimizing retail supply chains: prioritize people to serve the “dual customer,” continuously optimize the network, balance diverse customer needs, standardize processes for automation, and build cross-functional relationships. These insights offer a practical guide for retailers seeking to build exceptional supply chains. Vagell emphasizes the importance of understanding both the end consumer and the internal teams involved in delivering products, highlighting a people-centric approach to supply chain excellence.

01/08/2026 Logistics Industry Insights
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Etsy Sellers Gain Streamlined Withdrawal Options

Etsy Sellers Gain Streamlined Withdrawal Options

Etsy sellers in China primarily withdraw funds to domestic bank cards via PayPal or third-party platforms. While third-party platforms often offer lower fees, higher withdrawal limits, and faster processing times compared to PayPal, sellers should exercise caution when selecting a provider. Due diligence is crucial to ensure the platform's reliability and security before entrusting it with Etsy revenue. Consider factors like reputation, transaction fees, supported currencies, and customer support when making your decision.

01/05/2026 International Settlement
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