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
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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
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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
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Hainan Customs Introduces 21 Measures To Support Stable Growth Of Foreign Trade

Hainan Customs Introduces 21 Measures To Support Stable Growth Of Foreign Trade

Haikou Customs has introduced 21 measures to address foreign trade challenges, aiming to create an efficient customs clearance environment, utilize preferential policies, and explore new business models to support stable growth in Hainan's foreign trade. These measures encompass policy implementation, trade innovation, and improvement of the business environment, enhancing enterprise competitiveness and promoting local economic development.

07/21/2025 Logistics
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Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

Exporters Urged to Vet Freight Forwarders to Reduce Trade Risks

This paper delves into the concept of 'designated forwarder' in international trade, explaining its relationship with trade terms like FOB and EXW. It reveals potential risks and offers coping strategies for exporters. The importance of negotiating trade terms including freight, understanding the designated forwarder's background, and clarifying cost terms are emphasized. The advantages of independently choosing a forwarder are also highlighted. This aims to help exporting companies mitigate risks and gain control in international trade, ultimately empowering them to navigate the complexities of designated forwarder arrangements effectively.

09/26/2025 Logistics Encyclopedia
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Linkedboosts Export Sales Via Lead Generation

Linkedboosts Export Sales Via Lead Generation

This article delves into the application value of LinkedIn in the field of foreign trade. From the perspectives of sales and management, it elaborates on how LinkedIn helps foreign trade companies accurately acquire customers, build trust, enhance brand influence, and optimize product design. It emphasizes the importance of LinkedIn in today's foreign trade environment and encourages foreign traders to actively embrace this platform to achieve business growth. It highlights LinkedIn's potential for lead generation, relationship building, and market research within the global trade landscape.

12/29/2025 Logistics Industry Insights
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Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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Wuhu Airport Emerges As Key Militarycivil Aviation Hub in Eastern China

Wuhu Airport Emerges As Key Militarycivil Aviation Hub in Eastern China

Wuhu Airport, a medium-sized military airport in China, plays a significant role as a transportation hub due to its advantageous geographic location and real-time navigation announcement services. Although there are currently no user reviews, the airport is dedicated to meeting both military and civil aviation needs, with promising future development prospects.

09/15/2025 Airport Codes
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