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The Future Of Logistics Warehouse
Methods Of Payment In International Trade
METHODS OF PAYMENT IN INTERNATIONAL TRADE To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each export sale, an appropriate payment method …
What is L/C? Conditions to open L/C
Opening LC is one of the indispensable steps in the import and export process. So what is LC? What conditions are required to open the LC? In this article, DNC will help you get the most accurate answer. What is LC? LC (letter of credit) or letter of credit. A letter made by a bank at the request of the importer. To commit to paying a certain …
IMO 2020
On 1 January, 2020 new rules come into play globally which aim to reduce sulphur oxide emissions from ships. From that date, all merchant vessels must use marine fuels with a maximum sulphur content of 0.5% compared with the current 3.5%. The new regulations are being introduced by the IMO (the International Maritime Organization) and are …
