Some Key Terms Before we go any further, we need to understand what these two terms mean. A simplified explanation can help us move forward to Read more Difference between export bill collection and export bill discounting
The triangular trade refers to the buyer-seller-supplier relationship between three regions conducting trade between themselves. Since they subvert the regular buyer-seller relationship by adding a third Read more What are the payment procedures in Triangular exports
When you run a business, you will inevitably learn how to manage and prevent delays of shipment. But, before we can dive into the ways Read more How to make delay in delivery of Shipment?
Import Bill Collection Import Bill Collection is a mode of payment in international trade where the buyer makes payments against the seller's financial or commercial documents. The Read more Collection of Bill under Export Import Trade
There are a lot of steps involved in the customs clearance procedure when importing goods to India. To gather a basic understanding of the process, Read more What is the procedure for Customs clearance in general for goods imported in India?
The Democratic Republic of Congo has progressed immensely in the last few years, introducing many structural and economic reforms to stabilise its economy and trade. The Read more What are the steps to import to Democratic Republic of the Congo ?
South Africa is a country full of opportunities. As a mineral-rich area, it is valuable to the world market and thus, a country with incredible Read more How To Start an Export-Import Business in South Africa?
What is Packing Credit? Packing credit is the loan a bank gives to exporters to finance a good's procurement, even before it gets shipped. In the Read more How important is Packing Credit in Export business?
What Are Duty-Free Imports? Duty-free imports are goods you can purchase in certain circumstances without paying sales, value-added, or import taxes. You can usually find many Read more EVERYTHING YOU NEED TO KNOW ABOUT DUTY-FREE ITEMS
A letter of credit is also known as a documentary credit, bankers’ commercial credit, or a letter of undertaking. It is a payment mechanism that Read more IS A LETTER OF UNDERTAKING SAFE FOR AN IMPORTER?