How are you going to get paid?

There are loads of ways of collecting money and, though this may sound strange, they all have a cost attached to them.

Did you know, for instance, that to cash a cheque in an international country might cost £12.50? That every time you use a credit card the person you are buying from pays between 2-6% of the value of the transaction to the credit card company?

There is something called a letter of credit that is a very safe way of getting paid but is quite complicated to set up and operate – why is that?

Insurance policies come in all different shapes and sizes too. Sometimes you can insure against the risk of not getting paid – what other insurances might be appropriate for your goods?

Once you know what you’re doing, getting paid internationally is easy. The hard part is deciding how you approach it.

How will you ensure you get paid?

Menu
Export Action Plan