Simplified Trade Finance
Currencies always fluctuate in value when compared to one another. As a result, in the case of international financial transactions, there is always a possibility of foreign exchange loss (or profit) due to these currency fluctuations. Also known as currency risk and exchange rate risk, it gets activated when the business entity involved in an international transaction trades in a currency that is not its home or domestic currency.
Logistics represents the entire supply chain channel which includes streamlining of order handling, transportation, inventory management and handling, storage, packaging, and clearing of the export goods. Efficient logistics management by the export entity can give them a competitive advantage through better order handling and reduced product cycles.
If you're an exporter dealing in produce or any kind of good that undergoes quality scrutiny, an Export Health Certificate is an absolute necessity.
Insuring your cargo and exports seems like an obvious decision, but is often overlooked by exporters. Here's why you need Marine Insurance and how to choose the right policy for you.
With GST refunds running into delays, many exporters are facing issues with working capital stuck in paid taxes. But did you know there is an alternative that lets you avoid having to pay taxes at all? Learn more about LUTs -- Letters of Undertaking.