Application of bank transfers in international trade
March 31, 2023
Bank transfers are mainly divided into two methods of transmission and transfer. The transmission refers to the sending person, through the bank, who will transfer the specified amount of money from their account to the recipient’s bank account.
What are the foreign exchange settlement methods in cross-border trade?
30 March 2023
Foreign exchange settlement refers to the process of money payments and currency exchange in cross-border trade. Because of the different currencies of different countries/regions, currency exchange is an inevitable problem in international trade. Therefore, foreign exchange settlement is an important link in international trade, and the choice of ways and methods of foreign exchange settlement also has an impact on enterprise trade operations and risk control.
What are the international settlement services offered by Universal Clothes?
30 March 2023
The settlement of goods in international trade is a key link involving the currencies of several countries, multiple commercial banks and different payment methods. Therefore, international settlement is a complex and rigorous field that requires professional service agencies to provide support and guidance.
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