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Demystifying Documentary Collection: Navigating the Ins and Outs of a Trusted International Trade Payment Method
Documentary collections offers a cost-effective, secure way to manage international trade payments through trusted bank mediation
Mutlu AKGÜN
Apr 103 min read
12
0


Suggested Payment Terms for Different Incoterms in International Trade
Here’s a table outlining suggested payment terms for various Incoterms in international trade.
Mutlu AKGÜN
Jan 192 min read
11
0


Case Study 1: Non Payment Issue, CAD
A company withheld shipping documents due to non-payment. Legal action followed, and the buyer was found guilty, issue resolved.
Mutlu AKGÜN
May 19, 20242 min read
41
0


Avoiding Pitfalls: Common Mistakes Made by Importers in Payment Terms
Master payment terms: clear communication, due diligence, currency risks, Incoterms understanding, and working capital optimization.
Mutlu AKGÜN
Mar 25, 20243 min read
41
0


Navigating International Trade: A Guide to Understanding Incoterms
Understanding Incoterms is vital for global trade. From FCA to DAT, clarity ensures smooth transactions across borders.
Mutlu AKGÜN
Mar 20, 20243 min read
40
0


Mastering Payment Terms: A Guide for Business Success
In the intricate dance of international trade, payment terms play a central role influencing everything from cash flow to supplier relations
Mutlu AKGÜN
Mar 3, 20243 min read
34
0


How to create an irrevocable Letter of Credit
Creating irrevocable LC involves agreement, bank selection, and precise document submission. Expert advice is crucial for legal compliance.
Mutlu AKGÜN
Jan 31, 20242 min read
20
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Understanding Consignment in Business: A Win-Win Arrangement
In the dynamic world of commerce, businesses explore innovative strategies like consignment in international trade.
Mutlu AKGÜN
Jan 9, 20242 min read
31
0
Understanding the Dynamics of Documentary Collection in Accordance with Letter of Credit (L/C)
Unlocking the Secrets of Documentary Collection in International Trade: A Comprehensive Overview of Processes, Components, and Consideration
Mutlu AKGÜN
Jan 3, 20244 min read
29
0


Exploring Lesser-Known Payment Terms in International Trade
Introduction In the dynamic landscape of international trade, businesses engage in a myriad of transactions, each with its unique set of...
Mutlu AKGÜN
Dec 28, 20233 min read
33
0


Types of Letter of Credit
Introduction There are several types of letters of credit (LC) that can be used in international trade transactions. The choice of the...
Mutlu AKGÜN
Dec 27, 20232 min read
46
0


Creating CAD Process-Documents in International Trade
In international trade, orchestrating a smooth Cash Against Documents (CAD) transaction demands precision in document creation and scrutiny.
Mutlu AKGÜN
Dec 22, 20232 min read
26
0
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