Latin America Adopts Revised Kyoto Convention to Streamline Trade

Latin America Adopts Revised Kyoto Convention to Streamline Trade

The World Customs Organization (WCO) is promoting the Revised Kyoto Convention (RKC) in Brazil, encouraging Latin American countries to join. The WCO emphasizes the RKC's importance for trade facilitation and supply chain security. Joining the RKC can streamline customs procedures, reduce trade costs, and enhance the predictability of international trade. This initiative aims to improve the efficiency and security of trade flows within the region and globally by adopting international standards for customs procedures.

12/30/2025 Customs Knowledge
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WCO Revises Trade Rules for Alcohol Powder Apparel Sets

WCO Revises Trade Rules for Alcohol Powder Apparel Sets

The 56th session of the Harmonized System Committee (HSC) of the World Customs Organization (WCO) released the latest commodity classification decisions, covering goods such as powdered alcohol, two-piece suits, and children's carriers. These decisions aim to provide clearer commodity classification criteria for international trade, reduce trade risks, improve customs clearance efficiency, and lower trade costs. They offer guidance for consistent application of the Harmonized System, facilitating smoother and more predictable global trade flows.

01/07/2026 Customs Knowledge
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SWIFT Codes Ensure Secure Global Money Transfers

SWIFT Codes Ensure Secure Global Money Transfers

This article introduces the SWIFT code (SPFBFIHH 1A1) of the Bank of Finland (SUOMEN PANKKI) and its significance in international remittances. It covers aspects such as the bank code and address, as well as how to ensure the accuracy of information, helping readers understand the secure and efficient process of cross-border money transfers.

08/14/2025 International Settlement
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Standard Chartered Botswana Simplifies SWIFT Transfers

Standard Chartered Botswana Simplifies SWIFT Transfers

The SWIFT code for STANDARD CHARTERED BANK BOTSWANA LTD. is SCHBBWGX 021. Proper use of this code ensures the safety and speed of international remittances. The article discusses the importance of SWIFT codes and their role in the funds transfer process, reminding users to verify bank information when transferring money to avoid errors and delays.

09/11/2025 International Settlement
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Key Tips for Secure Money Transfers to Libyan Banks

Key Tips for Secure Money Transfers to Libyan Banks

This article discusses key elements of international remittance, focusing on the SWIFT code CDBLLYLT 017 of the Libyan Commercial and Development Bank. It covers important aspects such as processing time, the accuracy of bank information, and their significance in the transfer process, ultimately aiming to enhance the success rate and security of readers' remittances.

08/21/2025 International Settlement
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SWIFT Code NLCBTZTX0T8 Eases International Transfers

SWIFT Code NLCBTZTX0T8 Eases International Transfers

This article provides a detailed interpretation of the SWIFT/BIC code NLCBTZTX0T8 for the National Bank of Commerce, emphasizing the importance of confirming the bank, branch, and country in international remittances. It also highlights the competitive exchange rates and low fees offered by the Xe platform, ensuring that funds are transferred quickly and securely.

08/25/2025 International Settlement
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