4 Popular Cash in Advance Payment Methods in International Trade

With the cash- in- advance payment method, the exporter can avoid credit risk or the risk of non-payment since payment is been received prior to the transfer of ownership of the goods. Cash in Advance is a pre -payment method in which, an importer pays in advance for the items to be imported prior to… Read More »

Top 11 Incoterms For Beginner in Export Import Business

Being a beginner into the Export and Import business and doing business without help can be confusing, but luckily, there is a system, which can help to simplify matters and that system is known as Incoterms. Incoterm (International Commercial Terms) is a trading agreement rule adopted by parties of different countries, for make agreements as… Read More »

Shipper’s Letter of Instruction – A Complete Guide For Beginner

In the haste to ship the product at its earliest, exporters often, neglect to convey particular instructions to their respective forwarders. This resulting into a disaster/ mess. In order to avoid the error, it is very much important to adopt Shipper’s Letter of Instruction (SLI) norms. Shipper’s Letter of Instruction is an optional document that… Read More »

How to Find Requirements of Foreign Countries For Exports?

  When the exporter realizes that something has been overlooked while the goods are being delivered at the destination, it can be considered as a costliest mishap.  They made a mistake, the deal was structured incorrectly, or responsibility was overlooked. It is important not to overlook the rules and regulations that may be imposed by… Read More »