sepa transfer News

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

09/26/2025 Customs Knowledge

FOB Airport Pricing Key to Mitigating Air Freight Risks

This article provides an in-depth analysis of FOB Airport Price in international air freight, clarifying its price composition, risk transfer mechanisms, and the division of responsibilities between buyers and sellers. By comparing it with traditional FOB, the article highlights the unique application of FOB Airport Price in air freight trade. The aim is to help practitioners mitigate trade risks and ensure smooth transactions. It covers key aspects like price calculation, responsibilities of each party involved, and potential pitfalls to avoid when using this specific trade term.

11/03/2025 Logistics Encyclopedia

CEVA Logistics Opens Datadriven Hub to Streamline Ecommerce

CEVA Logistics has established a new transfer center in Otay Mesa on the US-Mexico border, significantly improving cross-border logistics efficiency. This is achieved through scaling up operations, optimizing warehouse layout, minimizing cargo handling, leveraging technology, and providing comprehensive logistics services. This move offers valuable insights for cross-border e-commerce businesses in selecting logistics partners, emphasizing technology application, and paying attention to logistical details. The new facility aims to streamline processes and reduce transit times for goods moving between the two countries.

11/03/2025 Logistics

Guide to Using Swift Codes for Scotia Bank Guyana Transfers

This article provides a detailed explanation of the SWIFT code required for international money transfers to the Bank of Guyana. It emphasizes the importance of the code and its usage scenarios. Practical advice is offered on verifying information and receiving remittances, aiming to help readers avoid transfer errors and ensure the safe and rapid arrival of funds. The guide aims to provide clear instructions and helpful tips for anyone sending money to the Bank of Guyana from abroad, focusing on the crucial role of the SWIFT code in facilitating these transactions.

09/04/2025 International Settlement

Bolivias Central Bank Simplifies SWIFT Codes for Global Transfers

This article provides a guide to the SWIFT code for the Central Bank of Bolivia (Banco Central de Bolivia). It emphasizes the importance of using the correct SWIFT/BIC code and offers practical tips to ensure smooth international money transfers. These tips include confirming information with the beneficiary, selecting a reputable remittance institution, and promptly tracking the transfer status. Accurate SWIFT code usage is crucial for avoiding delays and ensuring funds reach the intended recipient in Bolivia efficiently. This guide aims to simplify the process of international remittances to Bolivia.

09/04/2025 International Settlement

Arab International Bank SWIFT Code Simplifies Crossborder Transfers

This article provides an in-depth analysis of the SWIFT code system of the Arab African International Bank (SAIB) in Egypt, offering a guide to efficient cross-border transfers. It covers the head office and branch codes, usage scenarios, the complete transfer process, third-party platform selection, and frequently asked questions. The aim is to help users avoid errors and ensure that funds arrive safely and quickly. The guide offers practical advice for navigating international banking with SAIB and understanding the nuances of SWIFT codes in the Egyptian banking context.