For the majority of imports, the TVF is further exploited by the joint Webb Fontaine/ Customs Ruling Center to deliver a Final Classification and Valuation Report (FCVR) directly stored in AsycudaWorld (AW), Côte d’Ivoire Customs system (The local name for AsycudaWorld in Côte d’Ivoire is Sydam World (Système de Dédouanement Automatisé des Marchandises), and used by this system to control price value ranges.
Commercial banks use the TVF within the GUCE to endorse the settlement of each import; the Ministry of Commerce subsequently authorises the overall transaction through the system.
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Webb Fontaine is revolutionising international trade by empowering governments and communities with technology powered by AI. We offer comprehensive solutions across the trade spectrum, ranging from risk management to customs systems, single window, and beyond. Webb Fontaine is headquartered in Dubai, UAE with a presence across Europe, Middle East, South America, Asia and Africa.