Global Shipping Firms Tackle Lost Bills of Lading Risks

Global Shipping Firms Tackle Lost Bills of Lading Risks

Losing an international ocean bill of lading is a common risk in foreign trade. This article provides a comprehensive guide to address this issue, covering risk analysis, liability division, emergency measures, and long-term strategies. Key areas include notifying the shipping company, public announcement for claim, delivery without the original bill of lading procedures, and risk prevention mechanisms. This helps companies effectively control risks and protect their rights and interests. It offers practical advice on mitigating potential losses associated with lost or missing bills of lading.

Bank of Valletta Clarifies SWIFT Code for Global Transfers

Bank of Valletta Clarifies SWIFT Code for Global Transfers

This article provides a detailed analysis of the SWIFT/BIC code usage rules for Bank of Valletta p.l.c. in Malta. It emphasizes the importance of accurately providing the SWIFT code, account number, and other relevant information to prevent delays in international money transfers. Practical advice is offered for receiving international remittances, ensuring funds are credited to the recipient's account smoothly. The guide aims to help users navigate the complexities of international banking with Bank of Valletta and avoid common pitfalls in the remittance process.