Things to consider
- What are the payment terms with the supplier?
- Are you taking any payment risk?
- Is a deposit required?
- Is a Letter of Credit required?
- Is the purchase in foreign currency?
- How will you mitigate the exchange risk?
- How do you structure the transaction?
Early engagement with us is important. We can offer a packaged solution that can include any of the following being a Letter of Credit/Trade Finance/Forward Exchange Contract.