Eurobank Greece Urges SWIFT Code Verification to Prevent Transfer Delays

Eurobank Greece Urges SWIFT Code Verification to Prevent Transfer Delays

This article provides a detailed explanation of how to use SWIFT codes when making remittances to Eurobank S.A. in Greece. It emphasizes the importance of accurately providing bank information, including the SWIFT code and account number, and analyzes potential delays caused by incorrect SWIFT codes. Furthermore, it introduces the positive impact of new technologies like SWIFT GPI on cross-border payments, aiming to help readers conduct international money transfers safely and efficiently. It highlights best practices for ensuring smooth and timely transactions.

09/02/2025 International Settlement
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Maersk Leverages Cold Chain Expertise to Streamline Business Operations

Maersk Leverages Cold Chain Expertise to Streamline Business Operations

Is business growth bringing cold chain logistics challenges? Maersk Cold Chain Management Services, backed by a century of experience, provides customized cold chain solutions for businesses, covering design and operations. We help companies focus on their core business, enhance market competitiveness, and achieve sustainable growth. Our expertise ensures optimal temperature control and product integrity throughout the supply chain, mitigating risks and maximizing efficiency. With Maersk, navigate the complexities of cold chain logistics with confidence and unlock new opportunities for expansion.

09/28/2025 Logistics Industry Insights
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Saudi Arabia Updates SASO 2902 Energy Efficiency Standards for Exports

Saudi Arabia Updates SASO 2902 Energy Efficiency Standards for Exports

Saudi Arabia's energy efficiency standard SASO 2902 has undergone a significant update, impacting exports of products like LED lamps. Companies need to pay attention to the implementation of the new standard SASO 2902:2018/AMD2:2023 and promptly change or reapply for certificates. The label change upgrade window closed on May 31, 2025. It is crucial to be aware of the mandatory effective and enforcement dates to ensure products comply with Saudi energy efficiency standards and avoid the risk of detention.

11/03/2025 Customs Knowledge
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Goldman Sachs Warns Tariffs on Canada Mexico May Fuel US Inflation

Goldman Sachs Warns Tariffs on Canada Mexico May Fuel US Inflation

Goldman Sachs forecasts that US core CPI could rise by 0.6% if the US imposes tariffs on imports from Canada and Mexico. The report suggests the duration of these tariff policies is uncertain but unlikely to become a long-term feature. Existing inflationary pressures in the US persist, and the new tariff policies may exacerbate inflation. The impact depends on the scope and longevity of the tariffs, but Goldman Sachs believes the effect will be noticeable in the short term.

11/03/2025 Logistics
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Incheon Airport Rises As Global Hub with Data Analytics

Incheon Airport Rises As Global Hub with Data Analytics

Incheon International Airport leverages OAG Analyzer for data analysis, optimizing route development and transfer efficiency, solidifying its position as a regional hub. Features like 'virtual flights' enable the airport team to simulate new routes, assess their impact on transfer convenience, and improve decision-making quality and operational efficiency. This case demonstrates the importance of data-driven decision-making in modern airport operations. The analysis helps the airport to strategically plan and adapt to changing market demands, ensuring continued growth and competitiveness.

12/29/2025 Airport Codes
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WCO Tool Aids Jordan Customs in Modernization Efforts

WCO Tool Aids Jordan Customs in Modernization Efforts

At the invitation of Jordan Customs, the WCO utilized the Japan Fund to pilot a new risk management tool. The initiative aimed to assess Jordan Customs' capabilities in risk management, provide recommendations for improvement, and ultimately contribute to the modernization of Jordan Customs. This pilot project focused on leveraging WCO tools and best practices to enhance risk assessment and mitigation strategies within Jordanian customs operations. The goal was to strengthen border security and facilitate legitimate trade through improved risk management practices.

01/05/2026 Customs Knowledge
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Ukraine Boosts Customs Expertise with HS System Lab Partnerships

Ukraine Boosts Customs Expertise with HS System Lab Partnerships

The World Customs Organization held a national workshop in Ukraine on the HS Nomenclature and the role of Customs Laboratories. The workshop aimed to enhance Ukraine's customs commodity classification capabilities, emphasizing the importance of Customs Laboratories in this process. It also fostered international cooperation and exchange, injecting new impetus into the modernization of Ukrainian customs. The event highlighted the crucial role of accurate classification in trade facilitation and revenue collection, underscoring the need for well-equipped and skilled Customs Laboratories.

01/05/2026 Customs Knowledge
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Global Customs Body Stresses Air Cargo Security Collaboration

Global Customs Body Stresses Air Cargo Security Collaboration

The World Customs Organization (WCO) attended the International Air Cargo Forum, focusing on industry challenges and opportunities while emphasizing cooperation and security. The forum covered topics such as cybersecurity, e-commerce, PLACI, and new EU regulations. The WCO presented its tools and measures for trade facilitation and security, and highlighted its collaboration with ICAO on an action plan. The LEADS initiative provides a platform for industry leaders to discuss key challenges facing the air cargo industry, promoting global trade prosperity.

01/05/2026 Logistics
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Africa Customs Modernizes with EUWCO Trade System Update

Africa Customs Modernizes with EUWCO Trade System Update

The EU-WCO Harmonized System (HS) Africa Programme aims to enhance customs management in Africa by standardizing commodity classification, facilitating regional trade, and supporting the establishment of the African Continental Free Trade Area (AfCFTA). The inaugural meeting of the Steering Committee marks the substantial advancement of the project. All parties will collaborate to build a new landscape for African trade. The program seeks to streamline customs procedures, reduce trade barriers, and promote economic growth across the continent through harmonized standards and improved efficiency.

01/05/2026 Customs Knowledge
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Wcos HS Code Guide Eases Global Vaccine Trade

Wcos HS Code Guide Eases Global Vaccine Trade

The World Customs Organization (WCO) and the World Health Organization (WHO) jointly released a new HS Code Reference Guide to provide clear coding guidance for the cross-border transportation of vaccines and related medical supplies. This guide aims to simplify customs clearance procedures, improve transportation efficiency, and ensure the smooth progress of global vaccination efforts. It covers HS codes for key areas such as vaccine products, medical consumables, storage, and transportation equipment, helping businesses operate in compliance and reduce trade risks.

01/05/2026 HS Code Query
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