貿易に挑戦する起業家、物販、製造業者様向けコンサルティング★懇切丁寧スピーディーさに定評あり★貿易企業社内講師10年超★担当社数200社超 Consulting for entrepreneurs, product sales, wholesalers, makers who challenge trade ★ Recognized for speedy and courteousness ★ Lecturer at a trading company for over 10 years ★ Experiences for over 200 companies


What are contracts, transportation, and payments? -Important when doing overseas transactions-


You are trying to order the product you want to purchase! Please wait a moment.

Don’t forget the contract and payment! !


In fact, unlike domestic transactions, when exchanging money overseas, there are times when the law does not apply and you have no choice but to do nothing.

person holding gray twist pen and white printer paper on brown wooden table
Photo by Cytonn Photography on Pexels.com

What should we do to prevent it? That is the knowledge of “trade administration” necessary to conduct trade.

Even in modern times, with the development of IT, paper media (Paper) is still necessary. Although trade may have the image of being at the cutting edge of business, there are surprisingly analog elements that remain.

The flow of trade generally consists of three stages: “contract,” “transportation,” and “settlement.”

A “contract” is a written agreement between an exporter and an importer. Exporters select buyer companies, and importers select products and business partners. When signing a contract, the contract is exchanged in English in any country, and the Incoterms and payment method are also determined at that time.

“Transportation” is the process of delivering goods from the exporter to the importer. In accordance with Incoterms, the seller and buyer will each arrange transportation, customs clearance, and insurance.

“Payment” involves “payment and receipt” and “delivery and collection of goods” between exporters and importers. There are various methods such as prepayment, deferred payment, online payment, and L/C payment via bank. It is important to choose the most suitable payment method based on transaction history, creditworthiness, stability of the country, etc.

Next time, I will write in detail about the important points required when signing a contract. I hope you are interested!


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