Ukraine is selling his lands, a long waited reform by major worldwide investor. Way this low and this big interest in Ukrainian land: first of all. – Ukrainian land remains the last fertile...
Ukraine is selling his lands
Customs clearance exports procedure in Ukraine
How to arrange goods export: procedure main stages. If you want to export goods, you will have to face many nuances. But there are only three main stages: The first is the provision of documents to...
Traders false sense of urgency
One of the oldest sales tricks in the book is creating a false sense of urgency. The victim of a scam is whipped up into a frenzy by the scammer’s talk of limited time offers, high demand...
understanding the Fraud
The first step in avoiding fraud understanding it, which means also understanding who the players are. This section explores both sides of the fraud coin, offering insight into those that scam, and...
common enemy of sellers and buyers
Can anyone name them self trader; we think no if we focus on this from the professional side. In our days internet has made our life better in some aspects’ but gave us a lot of new problems. Now...
way successful trader needs to know much more
In all things, knowledge is power. This is especially true when it comes to commodity trading. A successful trader needs to know much more than how to obtain a letter of credit and contact sellers...
The Fraud Form Number One
The major form of fraud taking place in international trading today is documentation fraud. It is quite common in many industries that the goods are never sighted by trader or buyer until after the...
must i trust trading company and traders
Anyone considering a real career in international trade should learn how to recognize and weed out the joker brokers; otherwise they will literally eat all your time and energy. It is surprising how...
scammer’s arsenal is the victim’s own sense of greed
Our skill, experience and knowledge are the main scammer’s arsenal. We are responsible for any loss of our money .most of you will blame me operating on the honest game that must be in businesses. I...
Investment Fraud and signs
To get a Successful investing it requires a shrewd understanding of markets, a knowledge and understanding of the field in which you are investing, the financial climate surrounding the industry, and...
working procedure ROTTERDAM/HOUSTON
oil trade is one of most appreciated business after Cryptocurrency( bitcoin trade). lots of traders and specially newbie looks to enter this field regarding the income that can gain by closing any...
Must i use a Bank Guaranty or Credit Letter in my import Export Contract
The primary difference between a letter of credit and bank guarantee is the level of responsibility assumed by the bank. The two also differ in their purpose, the frequency of their use, and the...
Bank Guarantee definition in the Trade World
A bank guarantee is a pledge on the part of a bank to make someone’s debt good in the event that he or she cannot pay it. Bank guarantees are essentially like agreements to stand as a cosigner...
Credit Letter Mechanism in The International Trade
Today we will try to focus on some useful info and clarify some point regarding the credit letter use and type. Maybe many of you are familiar to this terms and procedure. Our practices in trade show...
Bank Guarantees in the sugar industry
Today we get FCO (full corporate offer) from trading company offering Brazilian sugar Icumsa45.after running over this offer we realized that many seller and buyer(new gamer in this type of deal)...
incoterms
EXW FCA FAS FOB CFR CIF CPT CIP DAF DES DEQ DDU DDP SERVICES Ex Works Free Carrier Free Alongside Ship Free Onboard Vessel Cost & Freight Cost Insurance & Freight Carriage Paid To Carriage...
Stand-By Letter of Credits (SBLC) in oil trade
Stand-by letter of credit (or SBLC (MT-760)) in trade is commonly used and especially in oil trade. Stand-by letter of credit is document issued by bank and is based on Uniform Customs and Practice...
banking procedure in oil trade
Oil trade is the loved sector for trader and middleman. I remember myself when I started my first trade, I was driven in this sector accidentally .this happened by the meeting of my first partner in...
credit letter and sellers doubts
Replaying to the demand of our reader today we will guide new exporter how to work with LC in export. Our reader asked for our support as he is exporting for the first time his products by the use of...
Stowage Supervision Certificate
A loading /stowage supervision certificate is offered by SGS, and covers the following elements of loading: • A thorough check of the overall appearance of the cargo and any packaging. • Verification...