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Import

These are some of the additional risks you need to understand and manage:

  • Customer risk or commercial risk is not only the risk that the supplier is not financially able to deliver as agreed but can also include his will to deliver as agreed.
  • Country risk or political risk includes for instance the risk of war, civil riots, acts of God and changes in trade regulations, etc.
  • Foreign exchange risk arises when you are invoiced in a currency in which you do not have an income and consequently are forced to buy the needed currency at the time of payment.
  • Other risks could include the transportation of the goods and/or interest rate fluctuations.
  • Financing – possibility to extend your payment terms
  • Get the optimal benefit of your international trade transactions.

Using the flexibility of Collections, Documentary Credits and Guarantees, you will have a vast number of possible solutions to the financing needs of your international trade.

FAQ

Get in touch 

For more information about how we can support your business contact your Nordea adviser.