Amazon Accelerates Removal of Unsellable Inventory

Amazon Accelerates Removal of Unsellable Inventory

Amazon has announced a new policy, effective October 14th, shortening the automatic removal cycle for unsellable inventory from 30 days to 14 days, resulting in bi-monthly removals. Sellers need to closely monitor inventory status, improve management efficiency, utilize removal and disposal options strategically, and promptly adjust operational strategies to adapt to the new inventory management rules and minimize potential losses. This change necessitates proactive inventory control and a flexible approach to handling unsellable items to avoid unexpected storage fees or disposal costs.

01/16/2026 Logistics
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New Incoterms Guide Aids Global Trade Efficiency

New Incoterms Guide Aids Global Trade Efficiency

The Incoterms® rules are a set of global standards published by the International Chamber of Commerce, covering 11 essential trade terms. Since their inception in 1936, with the latest version released in 2020, these rules clarify the responsibilities and risks of sellers and buyers in the delivery of goods in international trade. They help prevent misunderstandings and reduce transaction costs. Understanding these rules is crucial for the success of every trader.

08/05/2025 Logistics Encyclopedia
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Banco FIE Bolivia Simplifies SWIFT Codes for Global Transfers

Banco FIE Bolivia Simplifies SWIFT Codes for Global Transfers

This article provides a detailed explanation of Banco FIE (Bolivia)'s SWIFT code, BFIFBOLPXXX, outlining its use cases and providing methods for finding branch-specific codes. Furthermore, it highlights key considerations for international money transfers, aiming to assist readers in successfully completing cross-border transfers to Banco FIE. The guide helps users understand the intricacies of using the SWIFT code for remittances to this specific Bolivian bank, ensuring a smoother and more informed transaction process.

09/04/2025 International Settlement
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ABN AMRO Simplifies International Transfers With SWIFTBIC Guide

ABN AMRO Simplifies International Transfers With SWIFTBIC Guide

This article provides a detailed analysis of ABN AMRO bank's SWIFT/BIC code, ABNANL2AAGS, and explains its crucial role in cross-border money transfers. It covers the code's structure and usage scenarios, along with frequently asked questions. The aim is to help readers accurately and efficiently perform international transfers, avoiding potential errors and delays. It offers practical guidance for understanding and utilizing the ABN AMRO SWIFT code in various international transaction contexts.

09/03/2025 International Settlement
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Bank of Korea Simplifies SWIFT Codes for International Transfers

Bank of Korea Simplifies SWIFT Codes for International Transfers

This article provides a detailed overview of the Bank of Korea's SWIFT code (BOKRKRSTXXX) and its branch codes. It explains the application scenarios of SWIFT codes and offers guidance on selecting remittance channels, verifying remittance information, handling remittance errors, and receiving funds. The purpose is to assist readers in conducting international remittances involving the Bank of Korea safely and efficiently. It covers key considerations for both senders and receivers to ensure a smooth transaction process.

09/03/2025 International Settlement
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GBP to NZD Exchange Rate Latest Trends and Key Factors

GBP to NZD Exchange Rate Latest Trends and Key Factors

This article provides the latest exchange rate information for converting 5000 GBP to NZD and analyzes the conversion relationship between the British Pound and the New Zealand Dollar. It reminds readers that actual transaction rates may vary, and it is recommended to compare multiple institutions, pay attention to market dynamics, and seize the best exchange opportunity. Always check with your financial institution for the most up-to-date and accurate rates before making any transactions.

09/01/2025 Exchange Rate Query
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Bulgarias Central Cooperative Bank Clarifies SWIFT Code Use

Bulgarias Central Cooperative Bank Clarifies SWIFT Code Use

This article provides a detailed explanation of the SWIFT/BIC code CECBBGSFXXX for Central Cooperative Bank (CCB) in Bulgaria. It clarifies when to use this code and how to ensure accuracy in international money transfers. The article also emphasizes the importance of carefully verifying all information before initiating a transfer to prevent delays or financial losses due to errors. Double-checking account details and beneficiary information is crucial for a smooth and successful transaction.

09/03/2025 International Settlement
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Bank Alfalah SWIFT Code Guide for Pakistan Transfers

Bank Alfalah SWIFT Code Guide for Pakistan Transfers

This article provides a detailed explanation of the SWIFT code ALFHPKKACID for Bank Alfalah in Pakistan. It offers a comprehensive guide to cross-border remittances, covering the code's structure, usage instructions, and frequently asked questions. The aim is to assist users in making international money transfers securely and accurately. It explains the intricacies of using the SWIFT code for sending money to and from Bank Alfalah in Pakistan, ensuring a smooth and reliable transaction process.

09/03/2025 International Settlement
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Kyrgyz Bank Simplifies SWIFT Transfers for Global Clients

Kyrgyz Bank Simplifies SWIFT Transfers for Global Clients

The SWIFT code for Demir International Bank in Kyrgyzstan is DEMIKG22XXX. Using the correct SWIFT code is crucial for international money transfers to avoid delays and extra charges. It ensures that the funds are routed to the correct bank and branch in Kyrgyzstan. Providing an accurate SWIFT code during the transfer process helps streamline the transaction and minimizes the risk of errors. Always verify the SWIFT code with the recipient bank before initiating the transfer.

09/03/2025 International Settlement
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Guide to Using Comdirect Bank SWIFT Codes for German Transfers

Guide to Using Comdirect Bank SWIFT Codes for German Transfers

The primary SWIFT code for Comdirect Bank (now COMMERZBANK) is COBADEHDXXX, but branch-specific codes may vary. It is crucial to verify the correct SWIFT code and account details before initiating a cross-border transfer to avoid errors and delays. Confirming the beneficiary's bank information ensures the funds are routed correctly and prevents potential complications with the transaction. Always double-check the information provided to ensure a smooth and efficient transfer process.

09/03/2025 International Settlement
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