[ WWcorp ] - worldwidecorporation

We advise you on how to avoid risks about means of collection and payment.

All the external trade operations, and mainly those of exportation, imply certain risks. Even more when the collection is done, normally, after delivering the goods. In World Wide Corporation we identify the best coverage for your case.

It is necesarry to bear in mind the following factors:

Means of collection and payment: choosing the right means of payment is a key point that should be negotiated between importer and exporter. This choice hinges on different factors, such as: level of confidence between parts, previous experiences, country risk, etc. The mainly used means of payment in international trade are:

Documentary credit
Documentary shipment
Documentary payment order
Simple shipment
Simple payment order and transfer
Personal and bank cheque

Credit Insurance to exportation: There are different tools that allow you to neutralize exportation risks. We can point out the following:

Policy against risk of unpayment
Policy for contract resolution
Coverage against risk of non-accepting the goods
Coverage against political risk
Coverage against extraordinary risk

Our company can help you to select the right insurance for your plan and export operations.

Factoring y Forfaiting: Factoring and forfaiting are techniques to discount unpaid accomodation bills to transfer part of the risk. Our specialized agents will advise you in everything related to this key issue in an export plan.