Tonga Adopts SWIFTBIC Codes for International Transfers

Tonga Adopts SWIFTBIC Codes for International Transfers

This article outlines the key points for correctly using SWIFT/BIC codes when making international transfers in Tonga. Employing the correct code ensures that funds are transferred safely and swiftly, avoiding delays or misdirected transfers. The article also provides guidance on how to find a bank's SWIFT/BIC code and highlights important considerations for using these codes in various international transfer scenarios.

Tonga Boosts Customs Audits with WCO Support

Tonga Boosts Customs Audits with WCO Support

The World Customs Organization (WCO) conducted a Post Clearance Audit (PCA) diagnostic mission in Tonga, aiming to enhance customs modernization and facilitate trade. The WCO expert team engaged with various departments within Tonga Customs and external stakeholders to assess the existing system, provide recommendations for improvement, and share international best practices. This initiative is expected to help Tonga establish an efficient, transparent, and compliant PCA system, ultimately promoting trade facilitation and economic development.

Guide to SWIFTBIC Codes for Transfers to Tonga

Guide to SWIFTBIC Codes for Transfers to Tonga

This article discusses the importance of the Tonga SWIFT/BIC code and how to obtain it, highlighting the critical role of the correct code in international remittances. It also introduces the advantages of using Xe for fund transfers, assisting readers in successfully completing their international remittances.