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My professional expertise is International Banking, concentrating on the areas of Money Transfers/Payment Systems and Int`l Trade Finance. Due to the high amount of travel my job requires, I am competent to give information concerning "Business Travel" as well.
I have over 18 years of combined Banking/Trade Finance experience. Spreading over 4 continents. Having spent 5 years at Wells Fargo Bank provided me with a solid background in banking. After that, I moved to Israel and worked in Import/Export for 3 Years. Followed by another year as the resident expert in trade finance for the Jerusalem region of a medium sized bank. Capitalizing on my proficiency, I moved into the high-tech world where I remain today as a Business Analyst/Project Manager/Consultant for Payment Systems and Operations Risk.
Certificate in Speech Communications, AA in General Business. Both from Mission College, Santa Clara - California. BS in Int''l Business/Bus. Admin. From San Jose State University, San Jose - California
| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| Shaunak | 04/23/11 | 10 | 10 | 10 | Thank you very much Mr. Barr |
| Rotem | 03/23/11 | 10 | 10 | 10 | Thanks for the detailed answer, It led ..... |
| Ken Winkelman | 02/16/11 | 10 | 10 | 10 | Excellent responce and very timely. |
| yaseen | 01/13/11 | 10 | 10 | 10 | |
| Aslam [Oz] | 10/04/10 | 10 | 10 | 10 | Thanks Mr. Richard Barr. Appreciate your clear ..... |
There's no capital risk as the documents cannot be given to the client without them paying the invoice. However if the buyer decides not to take delivery of the goods, you could be stuck with your cargo
Hi Rotem, Have you factored in import customs and shipping costs when looking at your expenses? Have you gauged market demand? If you've done both of these and still think the products are winners
Hi Sandi, Your buyer is unwilling to work with a L/C? That could be a warning sign. Does he refuse due to the nature of his banking relationships? If so bad news. Is it because the deal isn't actually
Based on the information you provided, I assume you're looking to create stability in the exchange rate for the deal. If your purpose is indeed to create a certain amount of stability & limit the Fx fluctuation
Hi Jeff, There is no protection for the buyer in the scenario you describe, other than the courts in the sellers country. Given the great distances, that's not the protection you're seeking. Of course
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