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letter of credit

Everything You Need to Know About a Letter of Credit, How it Works, and More

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Reading Time: 3 minutes Ensuring payment security in export is vital for businesses to function. There are several ways to ensure that the seller receives their due payment on time. A letter of credit is one of them. In fact, it is one of the most secure methods used in international business transactions. Let us discuss about this payment …

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Benefits of Import and Export

Know About How to Get the Rich Benefits of Import and Export

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Reading Time: 4 minutes A company can delve in numerous advantages from international trade. They are many. They range from finding flexible sales with better cost advantage to growth in potential markets. They also include a better outlook towards the global market. International trade can definitely be seen as adding a feather to. Find the benefits of import and …

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terms of payment in export

5 Highly Effective Terms Of Payment In Export Made Easy!

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Reading Time: 4 minutes Once you find the right buyer for your export products, an important aspect remains for you as the seller. “These are the terms of payment in export”. It is an intrinsic part of any trade in which the importing party, along with the exporting party, agrees to the finalized mode of payment. This may involve …

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EXIM Bank in India

Importance, Role and Functions of EXIM Bank in India

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Reading Time: 4 minutes Globalization and liberalization were initiated in India after the 1991 reform. The government has opened gates for the import and export industry. And after that, this industry rose from scratch and became one of the largest exporter countries globally in no time. The EXIM Bank in India, vastly known as the EXIM bank, is one …

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Export From India to Australia

The Best Products to Export From India to Australia

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Reading Time: 4 minutes India and Australia have had a strong relationship for centuries, and both countries depend on each other for different goods and services. The trading relationship between these two countries has always been growing, and it is one of the best times in history, with trade reaching about 20 billion Australian dollars in the last few …

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