Bank of Africa Burkina Faso Simplifies SWIFT Code Transfers

Bank of Africa Burkina Faso Simplifies SWIFT Code Transfers

The SWIFT code for Banque Ouest Africaine de Développement (BOA) Burkina Faso is AFRIBFBFXXX. To avoid any issues with international money transfers, it is highly recommended to verify the specific code with the recipient or the bank directly. Using the correct SWIFT code ensures the funds are routed to the intended bank branch in Burkina Faso, preventing delays or misdirection of funds. Always double-check the information before initiating a transfer.

09/02/2025 International Settlement
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Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

05/20/2025 Customs Knowledge
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WCO Aids Namibia in Upgrading Customs System ASYCUDA

WCO Aids Namibia in Upgrading Customs System ASYCUDA

The World Customs Organization, through its 'Accelerated Trade Facilitation Programme,' is leveraging the experience of the Zambia Revenue Authority to enhance the Namibia Revenue Agency's application capabilities of the ASYCUDA World system. This initiative aims to promote trade facilitation and economic growth. The program emphasizes a 'Customs-to-Customs' cooperation model, facilitating knowledge transfer and practical site visits to improve the operational efficiency of the Namibia Revenue Agency.

01/05/2026 Customs Knowledge
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WCO Backs Philippines Customs Modernization with HRM System

WCO Backs Philippines Customs Modernization with HRM System

The World Customs Organization (WCO) successfully conducted a personnel management diagnostic of the Bureau of Customs (BOC) in the Philippines. This aimed to support BOC's strategic goals and HR modernization by building a competency-based HRM system. The diagnostic highlighted the importance of HR roles, competency-based HRM, and training development. The BOC committed to adopting the WCO's 18 customized recommendations to drive the implementation of future action plans.

01/05/2026 Customs Knowledge
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China Launches Xi'an Aviation Free Trade Zone to Boost Aerospace Sector

China Launches Xi'an Aviation Free Trade Zone to Boost Aerospace Sector

The establishment of the Xi'an Aviation Base Comprehensive Bonded Zone marks the first bonded zone in the central and western regions focused on the aviation industry. It aims to develop the civil aviation sector and enhance functions such as bonded processing and logistics. In the next 3 to 5 years, the zone is expected to attract nearly 100 companies, create job opportunities, and significantly increase import and export volumes as well as output value, injecting vitality into the local economy.

07/28/2025 Logistics
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Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

Philippines Streamlines Cargo Clearance to Boost Trade Efficiency

The Philippines will launch a National Time Release Study (TRS) in 2025 to enhance the efficiency of customs clearance for maritime imports and exports. Spanning two weeks, the study will focus on the Manila International Container Port and has received support from the World Customs Organization and HM Revenue and Customs of the UK. The final report is expected to be completed by the end of the year, providing a basis for subsequent reforms aimed at promoting trade facilitation and enhancing national competitiveness.

07/28/2025 Logistics
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Vlaardingen Navigates Maritime Opportunities Near Rotterdam

Vlaardingen Navigates Maritime Opportunities Near Rotterdam

This article provides an in-depth analysis of the Port of Vlaardingen in the Netherlands, covering its geographical location, port characteristics, infrastructure, challenges, and opportunities. It also proposes recommendations for future development. Furthermore, the report outlines the situation of other major Dutch maritime ports. The aim is to provide a comprehensive reference report for shipping companies, traders, and related research institutions. The analysis focuses on understanding the port's current state and potential for growth within the context of the broader Dutch maritime landscape.

09/29/2025 Port Encyclopedia
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Logistics Firm Tackles EDI Integration Challenges

Logistics Firm Tackles EDI Integration Challenges

This article focuses on the EDI manifest integration issue raised by Jiuji Logistics (qq414206333) on the Consolidation Treasure forum. It delves into the application, connection steps, and challenges of EDI in the freight forwarding industry. Furthermore, it analyzes the value of the Consolidation Treasure forum. The aim is to provide reference and learning for freight forwarding practitioners and contribute to the digital transformation of the industry. It explores practical insights and potential solutions for successful EDI implementation in freight forwarding operations.

08/23/2025 Logistics Encyclopedia
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Exporters Urged to Align Bills of Lading with Customs Declarations

Exporters Urged to Align Bills of Lading with Customs Declarations

This paper explores the inconsistency between the Bill of Lading (B/L) description and the Customs Declaration description in foreign trade exports. It points out that the B/L description can be appropriately generalized, but attention should be paid to the specific requirements of the shipping company and the destination port. The paper suggests thorough communication in advance to avoid customs clearance issues. Proper alignment between the B/L and customs documents is crucial for smooth export processes and preventing delays or penalties.

08/22/2025 Document Interpretation
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Guide to SWIFT Codes for Sparebank 1 Nordnorge Transfers

Guide to SWIFT Codes for Sparebank 1 Nordnorge Transfers

This article details the SWIFT code (SNOWNO22XXX) of SpareBank 1 Nord-Norge bank in Norway, highlighting its importance in international money transfers. It provides methods for finding the correct SWIFT code and alerts users to the risks of errors. The article advises verifying the code before initiating any international remittance to ensure the funds are routed correctly. Using the correct SWIFT code is crucial for successful and timely international transactions. Always double-check the information with the bank or recipient.

09/01/2025 International Settlement
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