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The world of international trade is a busy place and each nation is bound by its own rules to maintain a flow of products and services in and out of the nation. To businesses in India that have plans to explore the foreign markets or are already involved in directing
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The world of international trade is a complex one that necessitates the involvement of a precise documentation of every transaction, every shipment and every payment in such a complex world the international trade. To the Indian exporters, it is not only a correct business practice to ensure that foreign exchange
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The use of appropriate and correct documentation in the complex world of international trade is all important as the commodity or the services being dealt in. To the Indian exporters, their main concern is to demonstrate that payments of foreign currency of their export goods that they sent abroad have
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Smooth financial flows in the hustle of international trade are the pillars of success. As far as Indian exporters are concerned, payment collection by the overseas customers is a very important step but it is also important to make sure that the money that is collected is well documented and
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Travelling frequently overseas, using foreign websites to make shopping purchases or paying using a foreign currency are some of the very common situations you may have encountered requirements of zero forex markup credit cards being a leading solution which can save on forex markup charges. However, is a zero forex
Banking & Payments
When you often make international payments, or travel frequently abroad, on the payoff of the credit cards you might have to incur quite a number of expenses in adding forex markup fees. This is where zero forex markup credit cards enter because these cards will enable you to save 3-3.
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Having been an account user, you may have observed the insertion of an extra forex markups fee on the statements when utilizing your debit or credit card card and in a foreign country and when incurring an international payment. But what is forex markup fee and why do we get
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When it comes to dealing with international trade, one of the most important steps that a business can organize involves generation of a commercial invoice of exportation. It is not that simple bill, it is the most significant document ever to the custom house of the importing nation. An effectively
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International trade is a world full of the paper work. Two documents that leave exporters and importers baffled in most cases are commercial invoices and proforma invoices; which are part of the essential documents. The two are involved in the exportation processes- but they vary much in what they accomplish,
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An export invoice is not only a bill-it is the most important document in international trade. It does not matter whether you are exporting to the U.S. industrial machinery found in Europe or goods produced in India, your export invoice will help in executing the customs clearance and payment
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When you incur the cost of sending or receiving an international money transfer on the SWIFT network, you simply think that there is only a single cost that is simple. However, the reality of SWIFT transfer charges can be more complex, involving multiple layers of costs that can sometimes reduce
Banking & Payments
In the era of the growing globalization in the world, the need to send and obtain the money across the international borders is a well-known financial request of businesses and individuals. Among the various methods available, the SWIFT transfer (Society for Worldwide Interbank Financial Telecommunication) stands out as one of