Import
Importing adds a few things to the "think about" list compared with domestic trading. For instance, you will need to take into account the differences in culture, language, regulations and climate as well as the longer distance between you and the supplier and for the goods to be transported etc.
Products and services
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Risk Management, Financing and Payment & Cash Management. |
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Trade Finance via internet. |
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Collections is a frequently used payment method in international trade. |
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A Documentary Credit is a common method for settling international trade. |
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Guarantees are commonly used in international trade transactions. |
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Normally used instead of Guarantees in trade with for instance the USA. |
