Malaysia Enforces Einvoice Rules for Tiktok Shop Sellers

Malaysia Enforces Einvoice Rules for Tiktok Shop Sellers

Malaysia's TikTok Shop will implement new electronic invoice regulations starting in 2024, mandating sellers to use electronic invoices. This will involve specific types of invoices, format transmission, and data content. Sellers need to prepare for compliance in advance to avoid account risks and ensure smooth business operations.

08/07/2025 Logistics
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SWIFTBIC Codes Vital for Global Banking Transactions

SWIFTBIC Codes Vital for Global Banking Transactions

SWIFT/BIC codes are a global bank identification system that ensures accurate transmission of funds during remittances. Understanding the components of these codes, especially for banks in New Zealand, is crucial. Choosing a professional remittance service like Xe can provide reliable support for cross-border transactions, helping users avoid potential issues.