Trading internationally can seem riskier than trading in the UK. Exporters want to get paid on time. Importers want to receive their goods on time. Understanding your options is key to managing and mitigating payment risk.
Understanding your responsibilities in international trade can be a challenge. The industry-wide standards and terms can be confusing. Familiarising yourself with the basics could help your business run more smoothly when trading across borders.
An internationally recognised way of clarifying responsibilities when goods are transported overseas.