International payment risks in import and export.

International payment risks in import and export are a matter of considerable concern.

As the owner or manager of an import-export business, you must be concerned about the safety of your money. As a good import-export employee, you must be responsible for the company's finances.

However, not every individual or company experiences risks related to import and export, especially international payments.

Today, I'd like to share with you some hard-won lessons about the risks in international import and export payments. Why should you read this? Because 100% of these risks have been experienced by our partners in practice. Why should you consider this a valuable lesson? Because we have encountered 100% of these situations and know how to handle them most effectively, as real-world situations don't always match textbooks.

And because you won't find it in any other books!

For those involved in import and export, there are three fundamental rules for international payments that businesses should be familiar with: UCP 600, ISPB 745, and URC. These three sets of rules are the most basic and widely used by import and export businesses in Vietnam and globally. Anyone involved in import and export should know them and not leave everything to the bank.

But the story from my work experience is: it seems there are NO STANDARD GLOBAL RULES! Each place has its own problems and requires its own solutions.

See more here .

TTHQSaiGon

www.tthqsaigon.com