International trade presents a spectrum of risk, which causes uncertainty over the timing of payments between the exporter (seller) and importer (foreign buyer).During or before contract negotiations, you should consider which method in the figure is mutually desirable for you and your customer. As shown in figure 1, there are five primary methods of payment for international transactions. Because getting paid in full and on time is the ultimate goal for each export sale, an appropriate payment method must be chosen carefully to minimize the payment risk while also accommodating the needs of the buyer. To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Consider more attractive payment methods as outlined in this article and accompanying videos. While there is zero risk of non-payment if you do business this way, you risk losing business by overlooking competitors willing to offer buyers better payment options. products overseas expect or prefer to be paid in full in advance.
Many American businesses new to selling U.S. Economic Development Organizations (EDO).Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?.
0 kommentar(er)
