By importing and exporting directly,
many expensive and speculating middlemen are bypassed and one can enjoy
directly the prices from overseas. Many people think exporting is difficult, which
is definitely not true. There are two rules for a successful export:
1. Close a well-defined contract, such as the Roque Valente’s
2. Comply with the well-defined contract, which includes quantity, quality,
sizes, species, you name it.
If all these
specifications are one to one copied into the letter of credit, the exporter
has a guarantee of its payment and a creditworthy client, and the client in
return has the guarantee of its goods. No goods; no payment. No payment; no
goods. All you need to do is to print the instructions and have your bank explain them to you.
That’s it!
The following explains the general process:
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