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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
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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
Banking & Payments
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
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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
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Whether in the banking or the financial world, you find almost all the time where you have a myriad of codes meant to ease the conducting of transactions and secure them as well. Two of such codes, the Indian Financial System Code (IFSC) and the Society for Worldwide Interbank Financial
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The most likely concern that pops up when one is in the process of sending or receiving money overseas is how long it takes before the funds can be received. For SWIFT transfers (Society for Worldwide Interbank Financial Telecommunication), which are the backbone of most international bank-to-bank transfers, the answer
Banking & Payments
If you intend to either grow your business or stabilise it, an MSME loan can offer the financial help you need. EximPe understands the challenges businesses face, which is why we are here to review your eligibility for an MSME business loan in 2025. What is an MSME Loan? A