What should I do if the country of export is inconsistent with the country of payment of foreign exchange?
29 July 2024
In international trade, it is common for the actual exporting country and the paying country to be different. Here are some guidelines for dealing with this situation: I. Recommendations for Filling out the Customs Declaration Form Consignee: Fill in the information of the actual consignee, i.e., the consignee in the final destination country. Country of Trade: Usually fill in...
How to entrust an import agent to pay foreign exchange and open a letter of credit?
22 May 2024
In international trade, enterprises sometimes choose to entrust an import agent to handle a letter of credit (LC). This can simplify operating processes, reduce risks and ensure compliance. This article will detail the specific operating steps, fees, accounting methods and legal documents involved in entrusting an import agent to pay and issue a credit card.
Solving the problem of cross-border remittance: A complete analysis of strategies and preventive measures!
April 29, 2024
In international trade, cross-border remittances are a common payment method, but sometimes remittances may be delayed, causing inconvenience to both parties and even affecting business progress. There are many reasons for this situation, and understanding these reasons can help companies take appropriate measures to avoid or solve problems. The following are some common reasons and coping strategies: I. Remittance Channels...
Don't be afraid of exchange rate fluctuations: six strategies will help you win the foreign trade market steadily!
25 April 2024
In import and export trade, exchange rate fluctuations are a common economic risk that can lead to unstable profits and losses for companies, especially during periods of high global market volatility. To effectively cope with the impact of exchange rate fluctuations, companies can adopt the following strategies: 1. Use Cross-border RMB Settlement By using RMB for cross-border transactions, the risk of exchange rate fluctuations can be...
Detailed explanation of the filling in of foreign trade commercial invoices and the difference between them and proforma invoices
March 13, 2024
In international trade, correctly filling in business invoices is one of the key steps to ensure that transactions go smoothly. Business invoices are not only proof of the sale of goods, but also an important basis for settlement, customs declaration and calculation of tariffs between the buyers and sellers. Form invoices, also known as pre-development tickets, are mainly used to confirm prices and product information at the beginning of transactions. This article will introduce the filling of foreign trade business invoices refers to...
The currency exchange rate breaks the 7 and brings short-term export business benefits and long-term needs for stability.
24 May 2023
Data from the China Foreign Exchange Trade System shows that on May 22, the onshore closing price of the RMB against the US dollar was 7.0304 yuan, down 69 basis points from the previous trading day. Since first breaking through 7 on May 17, the RMB has cumulatively depreciated by more than 0.9% against the US dollar in just a few trading days. Currently, the RMB exchange rate is showing a two-way fluctuation trend, and market sentiment is relatively stable...
What are the international settlement services offered by Universal Clothes?
30 March 2023
The settlement of payments in international trade is a crucial aspect, involving multiple countries currencies, multiple commercial banks, and different payment methods. Therefore, international settlement is a complex and rigorous field that requires professional service organizations to provide support and guidance. [Company Name] is a professional international trade service organization that provides comprehensive international settlement services. ...
Follow customer service WeChat
