This document explains what a letter of credit (LC) is, its processing steps, and its types (irrevocable, confirmed, revolving). It also discusses its advantages, as well as points to consider such as bank charges and document discrepancies.

This document explains step-by-step what an RFQ is and the elements that should be included in an effective request for quotation (product description, Incoterms, payment terms). It also clarifies common mistakes made when preparing an RFQ and the difference between an RFQ and a Request for Quotation (PO).

This explains what MOQ is, how suppliers determine this amount, and how buyers can deal with high MOQs. It also clarifies the difference between MOQ and MOV.

This guide explains step-by-step what the HS code is and how to find the correct customs tariff code. It also clarifies how using the wrong code can lead to tax and delay risks.

This document lists 11 delivery terms under Incoterms 2020 and summarizes the risk/cost sharing for each. It offers practical guidance in selecting the correct Incoterms based on the type of transport and preferred liability.

This document explains the difference between FOB and CIF delivery terms in terms of risk and cost sharing through a comparative table. It also offers practical suggestions on which delivery term should be preferred in different situations.

This explains what a customs broker does, when they are needed, and what to consider when choosing the right broker. It also clarifies the difference between a customs broker and a foreign trade expert.

It explains what B2B matching applications do, how they work, and who uses them. It also lists the criteria to consider when choosing a platform.

This book explains how to find the right foreign trade expert when exporting or importing, the selection criteria, and how digital platforms can speed up this process. It also includes a table comparing traditional methods with digital matching.