On: May 14, 2018 By: Arnesh Roy
Global commerce doesn't just happen. There are several international organizations that keep the process running smoothly. Here are some of the international organizations that play a role setting standards and ensuring the smooth flow of trade in importing and exporting.
On: May 9, 2018 By: David Noah
When it comes to signing the documents that accompany an export shipment, applying for an export license, filling out a NAFTA or other FTA certificate of origin, or completing other parts of the export process, too many companies don't give enough thought about who should sign all this paperwork.
On: April 30, 2018 By: Roy Becker
There are four basic payment terms for an export sale: (1) cash in advance, (2) letters of credit, (3) collections, and (4) open account. Exporters should ask these seven questions before agreeing to a specific term.
On: April 23, 2018 By: Roberto Bergami
International letters of credit are well suited to high value/high risk transactions. But exporters need to make sure they do it right in order to get paid! Here are the steps exporters need to pay attention to in order to get paid quickly under a L/C.
On: April 2, 2018 By: Roy Becker
If a bank finds a discrepancy in a letter of credit, they will typically contact the importer to see if they want to waive them. Here's when and why an importer may do so.
On: March 26, 2018 By: Roberto Bergami
An export-import organization needs to take a proactive risk-management approach to international trade. Assessing risk pays dividends in the end.
On: March 19, 2018 By: Catherine J. Petersen
Sometimes things break. And when they do, you want your customers to be able to return them for repair. But that's trickier when your customers are located overseas. Here are the proper procedures for importing and re-exporting goods with minimal time and expense.
On: February 19, 2018 By: Curt Hanson
One of the biggest challenges for export companies is trade financing. We examine the issues and the various international finance options.
On: February 12, 2018 By: Arnesh Roy
When exporting your goods to foreign markets, you need to be aware of several things that aren't part of the domestic shipping process.
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