How to entrust an import agent to pay foreign exchange and open a letter of credit?
22 May 2024
Understand the detailed operational steps, fees, accounting methods and legal documents of enterprises entrusted to import agents to pay for exchange and issue credit cards to ensure effective compliance with international trade rules.
Solving the problem of cross-border remittance: A complete analysis of strategies and preventive measures!
April 29, 2024
An in-depth analysis of the reasons for delayed cross-border transfers provides practical solutions to help avoid money transfer risks and safeguard the flow of funds.
Dont be afraid of exchange rate fluctuations: six strategies will help you win the foreign trade market steadily!
25 April 2024
Master the six major exchange rate risk management strategies, including cross-border RMB settlements, bank locks, risk hedge tools, multi-currency account management, share risk and periodic review of foreign exchange strategies to enhance the profitability and market competitiveness of enterprises in international trade.
Detailed explanation of the filling in of foreign trade commercial invoices and the difference between them and proforma invoices
March 13, 2024
Get an in-depth understanding of how to correctly fill out foreign trade business invoices, master the main differences between them and the form of invoices, ensure that international trade proceeds smoothly and avoid unnecessary delays and costs.
Foreign exchange control: Basic Methods and their functions
12 June 2023
Foreign exchange control is a policy instrument used by the government or central bank of a country or region to interfere or control the foreign exchange market. This control may include setting exchange rate levels, setting restrictions on foreign exchange trading and holdings, and restrictions on capital flows.
The currency exchange rate breaks the 7 and brings short-term export business benefits and long-term needs for stability.
24 May 2023
Data from China Foreign Exchange Trading Center showed that on May 22, the shore closing price of the RMB-USD exchange rate was 7.0304 yuan, down 69 basis points from the previous trading day. Since the first breakthrough of the 7 on May 17, the RMB-USD exchange rate has fallen more than 0.9% in just a few trading days.
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