21 Jan 2020
In March 2019, we already informed you that for shipments to Algeria, it is important that all documentation is available and correct before shipment.
It is not so easy to get a manifest correction in Algeria, as Algerian Customs see changes as potential fraud attempts. Not only will it take 4 weeks or even longer, Customs also issues fines for example after changing the name of the importer.
Moreover, new regulations issued by the collective of Algerian banks indicate that Freight Collect shipments (FOB terms) are preferred. For shipment under CFR terms, the consignee must request approval from his bank for each shipment.
In case the bank accepts to ship under CFR terms, then the cargo value and freight value have to be mentioned separately on the commercial invoice.
Please note that it is not allowed to ship under CIF terms to Algeria, as it has been legally determined that the insurance has to be taken out with an Algerian insurance company.
More information about these new regulations to Algeria ?
Don’t hesitate to contact us.