Arranging Terms of Payment
Every company will wish to avoid a situation whereby debts are owed.
The way to avoid bad debts with a company you are dealing with for the first time is to request payment by Irrevocable Letter of Credit. A company based in the UK will not be surprised that you require this. When you have built an established business relationship with a company, you may wish to consider offering alternative payment terms.
Related Links
- General Notes
- Locating Potential Importers in the UK
- Approaching a UK Importer Directly
- Checking a Company' s Background
- Arranging Terms of Payment
- Customs Duty and VAT
- The EU Generalised System of Preferences
- Exporting Agricultural Goods to the UK
- Standards and Safety Regulations
- Sourcing Goods in the UK
