Palestine Monetary Authority Streamlines SWIFT Codes for Global Transfers

Palestine Monetary Authority Streamlines SWIFT Codes for Global Transfers

This article provides a detailed analysis of the Palestine Monetary Authority (PMA)'s SWIFT code, PMAPPS22XXX, and its branch codes. It offers a practical guide for international money transfers to Palestine, covering the necessary steps, recipient information, key considerations, and selection of third-party transfer platforms. The aim is to assist users in completing cross-border payments securely and efficiently. Furthermore, the article highlights potential risks associated with money transfer scams, urging users to exercise caution and vigilance to protect themselves from fraudulent activities.

Gambia Customs Modernizes with Wcos Reform Initiative

Gambia Customs Modernizes with Wcos Reform Initiative

The World Customs Organization (WCO), through the WACAM project, supports the Gambia Revenue Authority (GRA) in implementing a competency-based modern Human Resource Management (HRM) system. This project aims to enhance talent selection, development, and motivation mechanisms within Gambian Customs, thereby improving its efficiency and competitiveness, and injecting new impetus into Gambia's economic development. The project team has finalized key HRM tools and received training in communication and change management.

WCO Boosts Guyanas Postclearance Audit Capacity

WCO Boosts Guyanas Postclearance Audit Capacity

Under the Mercator Program, the World Customs Organization (WCO) conducted a post-clearance audit (PCA) workshop for the Guyana Revenue Authority (GRA) to enhance its tax compliance oversight capabilities. Through the training, Guyanese customs officers gained in-depth knowledge of PCA concepts and techniques, laying the groundwork for improved customs control efficiency and trade facilitation. The WCO looks forward to continued cooperation with the GRA to further advance its customs administration.

Uganda Enhances Tax Efficiency with Datadriven Customs Reform

Uganda Enhances Tax Efficiency with Datadriven Customs Reform

With the assistance of the World Customs Organization (WCO), the Uganda Revenue Authority (URA) is actively exploring a data-driven approach to customs performance management. By optimizing data collection and analysis, establishing performance evaluation mechanisms, and implementing cultural change and capacity building, the URA aims to improve customs operational efficiency and optimize resource allocation. This initiative ultimately seeks to better serve Uganda's economic development. This reform practice provides valuable lessons for other developing countries.

Ghana Forms New Customs Committee to Enhance Tema Port Trade

Ghana Forms New Customs Committee to Enhance Tema Port Trade

The Ghana Revenue Authority has established a Joint Customs Consultative Committee at Tema Port. This initiative aims to promote trade facilitation, reduce compliance costs for businesses, and enhance customs efficiency and transparency. The committee will serve as a platform for dialogue and collaboration between the GRA and stakeholders in the trading community. By addressing concerns and streamlining processes, the GRA seeks to create a more efficient and predictable trading environment, ultimately contributing to economic growth.

Zimbabwe Customs Adopts Wcobacked Elearning for Training

Zimbabwe Customs Adopts Wcobacked Elearning for Training

The World Customs Organization (WCO), through the Mercator Programme, is supporting the Zimbabwe Revenue Authority (ZIMRA) in adopting a blended e-learning training approach. This initiative aims to enhance customs capacity and facilitate trade. The program involves establishing an e-learning platform, training instructors, and reviewing the training system. Expected to launch by the end of the year and be extended to other courses, this marks a significant step in customs capacity building for Zimbabwe.

Kenya Boosts Trade Efficiency with WCO JICA Aid

Kenya Boosts Trade Efficiency with WCO JICA Aid

The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) are jointly supporting the Kenya Revenue Authority (KRA) to enhance its risk assessment and selectivity capabilities, addressing new trade challenges in East Africa. Using a two-pronged approach combining expert discussions and practical exercises, Kenyan Customs actively participates in building a smart customs administration. This initiative aims to improve clearance efficiency, promote trade facilitation, and ultimately contribute to Kenya's economic growth.

Eswatini Customs Modernizes Through Skills Training

Eswatini Customs Modernizes Through Skills Training

The Eswatini Revenue Authority (SRA), in collaboration with the World Customs Organization (WCO), undertook a people development diagnostic mission to develop a competency-based customs talent development strategy, aiming to enhance customs modernization. The SRA is committed to adopting relevant management principles and implementing a plan encompassing key elements such as competency model development, job analysis, recruitment and training, and performance management. This initiative is designed to promote trade facilitation and economic development within Eswatini.