WTO Advocates Trade Transparency Via Advance Rulings

WTO Advocates Trade Transparency Via Advance Rulings

This article explores the role of advance rulings in international trade, highlighting the legal certainty and risk management advantages they offer to businesses and customs in terms of classification, origin, and valuation. The technical guidelines from the World Customs Organization support the implementation of advance rulings by countries, promoting trade efficiency and transparency.

08/08/2025 Logistics
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SWIFTBIC Codes Vital for International Bank Transfers

SWIFTBIC Codes Vital for International Bank Transfers

This article provides a detailed analysis of the composition of the SWIFT/BIC code CDBLLYLT017 and its importance in international remittances. It emphasizes the critical role of bank codes in ensuring the security of funds and the smooth execution of transactions, along with guidelines on effectively utilizing these codes for cross-border payments.