Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight Forwarders Adopt 10 Strategies to Mitigate Bad Debt Risks

Freight forwarding companies face the risk of bad debts. This article provides ten risk control strategies to help businesses avoid risks and ensure stable operations. These strategies include: customer background checks, payment method selection, contract signing, cautious handling of special goods, vigilance against abnormal situations, compliant handling of dangerous goods, credit limit control, evidence preservation, and timely loss mitigation. By implementing these measures, freight forwarders can proactively manage potential financial losses and maintain a healthy business.

09/26/2025 Logistics Industry Insights
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Exporters Guide to Timely Payments in Documentary Drafts

Exporters Guide to Timely Payments in Documentary Drafts

This article provides a detailed interpretation of key points in preparing documentary drafts in international trade. It covers the filling specifications for draft clauses, draft amount, payer's name, and beneficiary's name. Clear operational guidelines are provided for different settlement methods, such as letters of credit and collection. The aim is to help exporters avoid risks and collect payments efficiently. It emphasizes best practices for ensuring accuracy and compliance in draft preparation, contributing to smoother and more secure export transactions.

09/26/2025 International Settlement
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Absa Bank Mozambique SWIFT Code Guide

Absa Bank Mozambique SWIFT Code Guide

This article provides information on how to find the SWIFT code for Absa Bank Mozambique branches and discusses the advantages of using Xe for international remittances, such as better exchange rates, low fees, and fast transfers. It emphasizes the importance of verifying information accuracy before making SWIFT transfers and offers advice on receiving international remittances.

08/21/2025 International Settlement
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Moroccos African Bank SWIFTBIC Code Explained

Moroccos African Bank SWIFTBIC Code Explained

The SWIFT code for the African Bank in Morocco is BMCEMAMCCOR, located at 140 Hassan II Street, Casablanca, postal code 20000. Knowing this information is crucial for customers when making international remittances and transfers, ensuring the safety of funds and the convenience of transactions. SWIFT codes are updated regularly, so it's important to pay attention to the accuracy of the information.

08/11/2025 International Settlement
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