Letters of Credit vs Documentary Collection: Choosing the safest Export Payment Method
In international trade, the payment method is not an afterthought; it’s a strategic move. Companies expanding into foreign markets must balance new opportunities with the risks of cross-border transactions. Among the several choices, the Letter of Credit (LC) and Documentary Collection (DC) are popular. Both are crucial tools, yet they provide very different degrees of […]
Export Factoring: Turn Your Export Invoices into Immediate Cash
Doing business globally opens up a world of opportunities, but it also comes with unique financial challenges. For many companies venturing into international trade, managing cash flow can be a real headache. You’ve got to spend money to produce goods, ship them across oceans, and then wait weeks or even months for your overseas buyer […]
Pre-Shipment vs. Post-Shipment Financing: Managing Export Cash Flow
In the world of international trade, the possibilities for growth are immense. Businesses, from thriving MSMEs to large corporations, are increasingly looking beyond domestic borders for new markets and customers. But exporting isn’t without its unique financial challenges. One of the biggest hurdles for exporters is managing cash flow effectively. Think about it: you need […]
Export Credit Insurance Explained: Protecting your International Sales
In global commerce, the scope for expansion is gigantic. Indian companies, ranging from successful MSMEs to giants, are increasingly seeking foreign shores for new customers and markets. But exporting is not without its specific challenges, not least among these being the risk of default of payment by foreign buyers. That is where Export Credit Insurance […]
How International Routing Numbers Work in Global Payments: Your Essential Guide
Sending money to another country can feel like solving a complex puzzle. You often hear about different codes, mysterious numbers, and confusing acronyms. One term that often comes up is “routing number.” But do you actually need a routing number when you send money internationally? The quick answer is usually no. But sometimes, yes, you […]
What Is a Purpose Code and Why It Matters When Receiving Foreign Funds in India
Do you get paid from clients or customers abroad? If you’re a freelancer, a new startup, or a seasoned exporter, receiving money from outside India means following specific rules. One of the most important rules involves RBI Purpose Codes. These codes aren’t just extra paperwork. They tell the Reserve Bank of India (RBI) why the […]
BRISKPE Attains Key RBI Cross Border (PA-CB) License for Exports & Imports
Doing business internationally can be tricky for Indian companies because of complex rules, delays, and high costs when sending or receiving money across borders. To fix this, the Reserve Bank of India (RBI) created new rules in October 2023 for Payment Aggregators – Cross Border (PA-CBs). These rules make international payments smoother, safer, and cheaper. […]
Why Exchange Control Forms Matter in Indian Cross-Border Transactions
India’s presence in the global economy is booming. Whether it’s businesses trading internationally or individuals sending money to loved ones abroad, cross-border transactions are a daily reality. But if you’ve ever dealt with sending or receiving foreign currency in India, you’ve likely encountered a unique requirement: Exchange Control Forms. These forms might seem like just […]
Why Is My PayPal Payment on Hold in India?
For countless Indian freelancers, service providers, and exporters, PayPal is a vital gateway to the global market. You’ve delivered the work, sent the invoice, and received a notification that you’ve been paid. But when you check your account, the funds are marked “On Hold.” It’s a frustrating and often stressful experience that can disrupt your […]
Foreign Payments Blocked by AD Bank – How to Resolve
Efficient international payments are essential for global commerce. They ensure that contractors, suppliers, and partners are paid on schedule, which is critical for maintaining smooth business operations and a healthy supply chain. When a foreign payment is blocked by an Authorized Dealer (AD) bank, it can cause significant operational issues, including project delays, strained vendor […]
Foreign Payment Holds: Why They Happen and How to Stop Them
Most businesses dread slow international payments. About 60% of companies struggle with these delays. They don’t just test your patience; they can cost you money. Think of lost deals, strained relationships, and unexpected late fees. No business should wait days or weeks for money to clear across borders. Speed and reliability are key, whether you’re […]
What Is a Payment Instruction Chain and How It Can Delay Your Transfer!
In today’s global economy, cross-border financial transactions are essential. From businesses managing international trade to individuals sending remittances, moving money across borders is a critical function. However, slow payment processing can create serious challenges for financial operations, especially for businesses dependent on consistent cash flow. One common cause of these delays is the often-overlooked payment […]
