Left to Right: J. Stephen Fancher (Florida Export Finance Corp.), Cynthia Flores (SunTrust Bank), Ray Gibeau (S.B.A.), Byron Sutton (World Trade Center Orlando)Here are some Global Finance Tips shared at this week's World Trade Center Orlando seminar:
- U.S. companies should seek Credit-Risk Insurance to protect against the possibility that a Foreign Buyer will renege on their payment
- Wire Transfers are among the Best Forms of Global Payment
- U.S. companies should set up a separate bank account that only handles foreign transactions to reduce the potential for fraud
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