Myanma Foreign Trade Bank SWIFT Code Guide for Transfers

Myanma Foreign Trade Bank SWIFT Code Guide for Transfers

This article provides a detailed explanation of the SWIFT/BIC code MFTBMMMYXXX for Myanma Foreign Trade Bank (MFTB) in Myanmar, outlining its structure and common use cases. It emphasizes the importance of using the correct SWIFT code for international transactions and offers guidance on how to find other SWIFT codes. The aim is to assist users in making cross-border remittances more securely and efficiently by ensuring accurate information and preventing potential errors in international money transfers.

09/03/2025 International Settlement
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International Freight Forwarding: The Core Role in Foreign Trade Transportation

International Freight Forwarding: The Core Role in Foreign Trade Transportation

International freight forwarding mainly refers to freight agents, who assist in export transportation by cooperating with carriers to ensure the safe and timely delivery of goods. Freight forwarding companies handle various services such as booking, trucking, and customs clearance, making them indispensable partners for foreign trade enterprises. Their role effectively simplifies foreign trade operations, making the entire transportation process smoother.

07/21/2025 Logistics Encyclopedia
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Myanma Foreign Trade Bank SWIFT Code Guide for International Transfers

Myanma Foreign Trade Bank SWIFT Code Guide for International Transfers

This article analyzes the SWIFT code MFTBMMMYXXX of Myanma Foreign Trade Bank (MFTB), highlighting its role in cross-border remittances. It emphasizes the importance of this code for international transactions involving MFTB. Furthermore, it reminds users to pay attention to other crucial remittance details besides the SWIFT code to ensure efficient and secure money transfers to and from Myanmar. Providing complete and accurate information is vital for successful international payments.

09/01/2025 International Settlement
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Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs Promotes Port Clearance Reform to Boost Foreign Trade Development

Xiamen Customs is committed to creating a convenient port clearance environment through deepening reforms and innovative measures, actively promoting the transformation and upgrading of foreign trade. The introduction of the 'dual-screen machine' and 'online reservation inspection platform' has effectively improved clearance transparency and efficiency, significantly reducing time costs for enterprises in the Free Trade Zone and fostering positive interactions between customs and businesses. In the future, Xiamen Customs plans to launch a mobile client to provide mobile clearance services.

07/21/2025 Logistics
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First “chifeng-manzhouli-europe” International Freight Train Launched, Boosting Foreign Trade Development

First “chifeng-manzhouli-europe” International Freight Train Launched, Boosting Foreign Trade Development

The first "Chimanou" international freight train set off from Chifeng on September 17, carrying 1,100 tons of lysine directly to Russia. The journey covers 9,000 kilometers, taking 10-12 days one way. By utilizing an efficient customs declaration model, companies can benefit from expedited clearance services, significantly improving foreign trade transportation efficiency and enhancing regional economic growth and international competitiveness.

09/18/2019 Logistics
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Shenzhen Customs Drives Innovation Measures to Stabilize Growth for Foreign Trade Enterprises

Shenzhen Customs Drives Innovation Measures to Stabilize Growth for Foreign Trade Enterprises

In the first three quarters of this year, the Qianhai Bay Free Trade Port in Shenzhen achieved a cross-border e-commerce clearance value of 430 million yuan, a staggering increase of 48.5 times year-on-year. This remarkable growth is attributed to innovative measures introduced by Shenzhen Customs, such as expedited clearance and integrated operations within the port area, which significantly improved efficiency and reduced costs for businesses. Moreover, the development of foreign trade enterprises was further promoted through internet platforms and dedicated services, enhancing the appeal of the free trade zone.

11/10/2023 Logistics
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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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Analysis of the Plight of China's International Shipping Industry Amidst Weak Foreign Trade

Analysis of the Plight of China's International Shipping Industry Amidst Weak Foreign Trade

The global shipping industry is facing severe challenges, with China's international shipping market impacted by economic fluctuations leading to reduced exports of manufactured goods and imports of resources. The depreciation of the yuan has not significantly boosted exports, and there is a serious oversupply of vessels amid low market demand, particularly affecting dry bulk and container shipping. Although the oil tanker manufacturing sector has shifted towards energy-efficient ships, it faces competitive pressures due to fuel price volatility. The winter for global shipping extends beyond China, necessitating urgent industry and market structural adjustments.

07/21/2025 Logistics Industry Insights
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Guide to Successful Importing in Global Trade

Guide to Successful Importing in Global Trade

This article provides a detailed analysis of the seven key processes involved in foreign trade import, offering a comprehensive operational guide from signing the agency agreement to the final handover of goods. It aims to help readers understand the import process, avoid potential risks, and improve foreign trade efficiency. The guide covers essential steps and considerations for a smooth and compliant import experience, focusing on practical advice and best practices for navigating the complexities of international trade.

08/21/2025 Customs Knowledge
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