Manage Trading Risks - Step 1:
Understand how you will get paid and how you will manage exchange risks
Understand the options. Payment and foreign exchange risks are often quoted as a barrier to international trade. However, you have options for managing financial risks and need to decide on the strategy that’s best for you. This may differ from market to market.
Make it happen!
‘Financial Considerations ’ spells out your payment and foreign exchange risk options. A DiT Advisor will be able to help you with your strategy. Talk to foreign exchange providers about the cost of setting up an arrangement to meet your FX needs.
Check out how UK Export Finance can help you.