Advantages Of Letter Of Credit
The advantages of letter of credit for both buyer and seller makes it one of most payment method used for transaction. Here’s why. …
Types Of Letter Of Credit For Your Business
Currently there are different types of letter of credit used, depending on the situation or interest. Not surprising since it’s one of the most popular type of payment used in both domestic and international transaction. …
Choosing The Right Incoterms Suitable For Your Business
Choosing the right Incoterms suitable for your business is certainly takes a significant part of your export/import business. Deciding the wrong one can be a hassle and certainly losses that can simply be avoided with thorough research and finding it’s compatibility with your business model. …
The Top And Common Incoterms Used Around The World
Which common Incoterms used frequently around the world? Referring to the latest version of Incoterms, there are 11 different sets of trade codes that you can use, with each of them have their own distinct procedures, risks, and ‘who pays what’ that you can use as part of your decision making process, when exporting or importing products. …
How To Know Product’s Export Potential
To find out the product’s export potential is challenging, although the thrill coming from exporting your product is certainly tempting. A lot of factors and considerations to consider, paper works that needs to be completed, before you start to see your product is being used by customers on the other side of the ocean. …
