Sellers often need money to finance their work prior to the delivery of services, for example, the work on creating software, designs, and similar services.

Our eLearning courses explain that political risks may negatively affect international trade by preventing payment of credit to a seller.

The reason for the non-payment of a credit to the seller can sometimes be the foreign buyer’s bankruptcy. The bankruptcy risk

In legal terms, the parties of an export credit insurance transaction are the insured seller and the ECA or private insurer.

Export credit agencies (ECAs) are state-supported agencies established to support export from their countries by insuring export credit risks on behalf of their states.

Export credit agencies (ECAs) are state-supported agencies that provide export credit insurance to sellers from their countries when selling goods

Fraud is criminal behaviour in which one party uses deceit or other dishonest means to deprive another party of its money or property.

The bill of exchange is often mentioned in connection to payment agreed in international commercial contracts. The purpose of the bill of exchange