Philippines Boosts Customs Oversight with STCE Project

Philippines Boosts Customs Oversight with STCE Project

The WCO's STCE Project provided training support to the Philippine Customs on strategic goods control. Through online training, Philippine Customs officers enhanced their capabilities in strategic trade control, risk management, and the application of the Strategic Trade Atlas. The project strengthened cooperation between Philippine Customs and domestic agencies as well as international partners, contributing to national security and the international trade order. This initiative improved the effectiveness of customs operations in preventing the illicit trafficking of sensitive items and promoting responsible trade practices.

12/30/2025 Customs Knowledge
Read More
Xtransfer Enhances B2B Global Payment Solutions

Xtransfer Enhances B2B Global Payment Solutions

XTransfer is a platform designed specifically for B2B foreign trade payments, particularly suitable for SOHO foreign trade professionals. It offers services like multi-currency collection and compliant currency exchange. Account opening is convenient and fees are reasonable, but trade supporting documents are required and risk control is strict. With XTransfer, currency exchange and withdrawal do not require submitting additional documents to the bank and are not subject to individual foreign exchange quotas, making it an ideal choice for foreign trade payment collection.

01/05/2026 International Settlement
Read More
US Customs Launches Selfservice Document Printing

US Customs Launches Selfservice Document Printing

China International Trade Single Window platform will fully launch self-service inquiry and printing services for customs declaration documents and electronic data. Enterprises can complete related operations online, eliminating the need for on-site visits. This article details the new policy content, operation guide, and precautions, helping companies easily achieve self-service management of customs declaration documents and improve trade facilitation. It simplifies the process of accessing essential trade documents, reducing administrative burden and promoting efficiency in international trade operations.

01/15/2026 Customs Knowledge
Read More
Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

Thailand Sierra Leone Join Revised Kyoto Convention Enhancing Global Trade

The Revised Kyoto Convention (RKC) has surpassed 100 contracting parties, with Thailand and Sierra Leone's accession further boosting global trade facilitation. The convention aims to simplify and harmonize customs procedures by applying information technology and risk management, improving customs efficiency and reducing trade costs. The World Customs Organization (WCO) actively promotes the RKC's implementation and encourages more members to join, fostering global trade prosperity. The growing number of signatories demonstrates the international commitment to streamlined customs processes and enhanced trade efficiency.

01/07/2026 Customs Knowledge
Read More
Burkina Faso Customs Adopts Wcobacked Advance Ruling System

Burkina Faso Customs Adopts Wcobacked Advance Ruling System

The World Customs Organization (WCO) is assisting Burkina Faso in establishing an advance ruling mechanism to enhance trade predictability, reduce compliance costs, and improve customs efficiency. Through capacity building workshops and the WACAM project, the WCO supports Burkina Faso's customs modernization and promotes regional trade development. The establishment of this mechanism will improve the trade environment, foster economic growth, and serve as a reference for other African countries. The initiative aligns with global efforts to streamline trade processes and promote efficient customs operations.

01/07/2026 Customs Knowledge
Read More
Guide to Seychelles SWIFTBIC Codes for International Transfers

Guide to Seychelles SWIFTBIC Codes for International Transfers

This article provides a comprehensive guide to Seychelles SWIFT/BIC codes, detailing their importance, how to find them, and usage considerations. By reading this, you can easily navigate international money transfers, ensuring funds arrive safely and efficiently, avoiding remittance issues caused by incorrect codes. It covers the significance of these codes in cross-border transactions and offers practical advice on verifying and utilizing them correctly. This guide aims to simplify the process and minimize potential errors when dealing with Seychelles banks in international finance.

09/01/2025 International Settlement
Read More
Qatar SWIFTBIC Codes Guide for International Transfers

Qatar SWIFTBIC Codes Guide for International Transfers

This article provides a comprehensive guide to Qatar SWIFT/BIC codes, designed to help individuals and businesses navigate cross-border remittance challenges with ease. It covers the definition and importance of SWIFT/BIC codes, methods for finding them, and a compilation of codes for major Qatari banks. The guide also addresses frequently asked questions, offers security tips for cross-border transfers, and recommends online search tools to empower readers in international finance. This resource aims to facilitate smoother and more secure cross-border financial transactions.

09/02/2025 International Settlement
Read More
Benin Customs Adopts Competency Model to Enhance Efficiency

Benin Customs Adopts Competency Model to Enhance Efficiency

With the support of the Swedish government through the WACAM project, Benin Customs has successfully implemented a competency-based human resource management system. This system covers key areas such as recruitment, training, and performance evaluation, aiming to enhance the overall effectiveness of the customs administration. The Minister of Finance expressed support for the project and hopes to extend it to the tax department. A pilot competency assessment project will be launched at Cotonou Airport, laying the foundation for the modernization of human resources within Benin Customs.

01/05/2026 Customs Knowledge
Read More
UK Explores Carbon Trading to Boost Sustainable Aviation Fuel

UK Explores Carbon Trading to Boost Sustainable Aviation Fuel

The UK has introduced a Revenue Certainty Mechanism (RCM) to incentivize the production of Sustainable Aviation Fuel (SAF), but the funding source is controversial. Airlines suggest utilizing funds from the Emission Trading System (ETS) to finance the RCM. This approach would alleviate the financial burden on airlines while simultaneously promoting the development of the SAF industry, ultimately facilitating the green transition of the aviation sector. This proposal aims to create a win-win scenario by leveraging existing carbon pricing mechanisms to accelerate the adoption of sustainable fuels.

01/05/2026 Logistics Industry Insights
Read More
Southeast Asia Ecommerce Giants Expand with Innovation

Southeast Asia Ecommerce Giants Expand with Innovation

Southeast Asia's e-commerce market is booming, with Shopee affiliate marketing experiencing growth. Ninja Xpress, Flash Express, and Bukalapak are actively collaborating and innovating to enhance user value. These partnerships focus on improving logistics and delivery efficiency to meet the increasing demands of online shoppers. The region's digital banking sector also plays a crucial role in facilitating e-commerce transactions and driving further growth within the ecosystem. The synergy between e-commerce, logistics, and digital finance is key to the continued success of Southeast Asia's online marketplace.

12/29/2025 Logistics
Read More