National Bank of Georgia Simplifies SWIFT Transfers

National Bank of Georgia Simplifies SWIFT Transfers

This article provides a detailed analysis of the SWIFT code system used by the National Bank of Georgia, emphasizing the importance of accurate SWIFT code usage in international money transfers. It offers practical information including the bank's main SWIFT codes, usage scenarios, frequently asked questions, and instructions on how to correctly receive international remittances. The aim is to help readers conduct cross-border payments safely and efficiently. The article serves as a guide for understanding and navigating the complexities of international banking within the Georgian financial system.

09/03/2025 International Settlement
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Global Trade Relies on Clarity of Incoterms

Global Trade Relies on Clarity of Incoterms

This article delves into the core functions and significance of international commercial terms (Incoterms®), including the allocation of costs and responsibilities, the clarification of risk transfer, and guidance for participants in transportation. Commonly used Incoterms® such as FCA, FOB, FAS, and EXW, along with the slight differences between the 2010 and 2020 versions, help buyers and sellers clearly understand their respective obligations and risks in transactions.

08/07/2025 Logistics Encyclopedia
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Power of Attorney Eases Usnetherlands Customs Trade

Power of Attorney Eases Usnetherlands Customs Trade

This article discusses the significance of Power of Attorney (POA) in customs brokerage and its role in imports to the United States and the Netherlands. It details the signing process of the POA, the required signatories, and its legal effectiveness in customs clearance. The aim is to assist businesses in managing customs affairs more efficiently in international trade.

08/07/2025 Customs Knowledge
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Shipping Industry Warns of Hidden Container Fees

Shipping Industry Warns of Hidden Container Fees

In international shipping, various surcharges related to containers, such as container detention charges, drop-off charges, and demurrage, are significant. This paper provides a detailed analysis of the reasons for these charges, their scope of application, and who bears the responsibility. It also offers suggestions for pre-entry and drop-off options, aiming to help shippers and freight forwarders plan ahead, avoid additional costs, and ensure smooth cargo transportation. Understanding these fees is crucial for efficient and cost-effective international shipping operations.

11/03/2025 Logistics Encyclopedia
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Aliexpose Risks of AI Manipulation in Ecommerce

Aliexpose Risks of AI Manipulation in Ecommerce

This article reveals the common purposes and 'gray' practices of manual intervention on AliExpress, including 'tagging' and leveraging existing customers. It analyzes the potential risks involved, emphasizing the importance of product quality. The article advises sellers to view manual intervention rationally and avoid over-reliance, focusing instead on improving product quality and operational capabilities. It highlights that sustainable success comes from building a strong foundation rather than relying on artificial boosts, ultimately mitigating risks associated with these interventions.

01/04/2026 Logistics Industry Insights
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Top Traits of Milliondollar Ecommerce Sellers Revealed

Top Traits of Milliondollar Ecommerce Sellers Revealed

This article explores the common trait of successful individuals in cross-border e-commerce: exceptional execution. It highlights that maintaining execution hinges on continuous learning and active participation in a positive industry network. The article emphasizes that in the rapidly evolving e-commerce landscape, taking action is crucial for success. By fostering a culture of doing and consistently engaging with peers, individuals can navigate challenges and capitalize on opportunities in the dynamic cross-border e-commerce sector.

01/04/2026 Logistics Industry Insights
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