Options in Export Finance
Exporters control the options for their payment. Often, the option chosen will determine the exporter’s competitiveness.
The terms of sale in an export transaction are arranged between the buyer and the seller prior to shipment. Typically, the actual collection of payments internationally is accomplished through the facilities of a commercial bank. The payment method, or financial instrument used, is dependent on such factors as the credit standing of the buyer (importer), any existing exchange restrictions in the buyer’s country, competitive pressure that the seller faces, and the political and economic condition of the country of import.
Most merchandise sales by U.S. exporters to overseas buyers are made on the basis ...
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