REACH vs RoHS Differences Explained
Export credit insurance is your safety net. Premiums are 0.2-0.5% of export value, covering 80-90% of bad debt. For new markets and clients, this small investment lets you sleep at night.
Late payment collection is stressful. My process: reminder 7 days before due, formal notice 7 days after overdue, suspend cooperation at 30 days, professional collection at 60 days. Act promptly but professionally.
L/C document checking is a technical skill. Common discrepancies: invoice exceeds L/C amount, shipment after deadline, inconsistencies between documents. Any discrepancy can trigger bank refusal. Check meticulously.
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