Export credit insurance is your safety net. Premiums are 0.2-0.5% of export value, covering 80-90% o...
PayPal is convenient for small transactions but fees are high. Factor fees into pricing if clients i...
L/C document checking is a technical skill. Common discrepancies: invoice exceeds L/C amount, shipme...
Cross-border payment options have expanded. T/T remains most common. L/C dominates large deals. New ...
Currency fluctuation impacts your margin. An order from quote to payment can take 2-3 months. A 5% r...
When clients request O/A terms, take precautions. Conduct a credit check, buy export credit insuranc...
T/T and L/C each have their place. T/T is simpler with lower fees — ideal for repeat clients. L/C is...
Late payment collection is stressful. My process: reminder 7 days before due, formal notice 7 days a...