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Import Export January 15, 2019
Why is it more secure to have a Letter of Credit confirmed?
A Letter of Credit is a document which means that a third party, generally a bank, stands between the buyer...
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FX 101 January 10, 2019
Why do I need to hedge my FX exposure?
The rate could fluctuate in my favour. Hedging foreign exchange currency exposure is a discussion that often takes place...
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Import Export January 9, 2019
How to determine cost per unit for consumers (including import/export fees)
In order to calculate your fixed cost per unit there are several variables that need to be considered. However,...
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Import Export January 7, 2019
What happens if my L/C doesn’t agree with the shipping terms?
A Letter of Credit should reflect exactly the terms of the sales contract between the buyer and seller of goods.There...
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Import Export January 3, 2019
What are revocable and irrevocable Letters of Credit?
A Letter of Credit (L/C) is a document that provides a measure of security for a seller of goods...
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Import Export December 17, 2018
How much do international payments firms charge?
There are new ones opening all the time, it must be profitable. What am I missing? The most important factor to...
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Import Export December 13, 2018
How do I offer terms to an overseas buyer and feel secure?
The ability to provide deferred payment terms to an overseas customer is a significant bargaining point when negotiating a...
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Import Export December 20, 2018
How to find High Quality Global Suppliers
To stay ahead and maintain or gain a commercial and competitive advantage over your rivals, you must ensure that...
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Trade Finance December 19, 2018
Can I agree a tailor-made arrangement with a payments firm according to my volume?
The range of choices available to businesses who have exposureto foreign exchange risk has mushroomed over the past few years as...
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Trade Finance December 12, 2018
Exchanging Currency – how do I ensure value for money?
I just buy currency when I need it, why would I change? Two of the great unanswerable questions asked by Finance Directors,...
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Import Export December 10, 2018
Six tips to maximise exporter profits
Any business that is successful in its home market is likely to look further afield to expand and maximize profits.When...
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Trade Finance October 29, 2018
What is open account trading and how can I secure my payment?
Open Account Trading Open account trading is one of many methods of receiving payment from a customer of a business....