General

How can foreign trade people formulate settlement methods to avoid losses due to exchange rate issues? Huacheng Import and Export Data Observation Report. Before signing a contract in the foreign trade industry, it is necessary to understand the exchange rate issue, which will directly affect the profit of an order. Generally speaking, when we complete an order, how do we need to formulate settlement rules? Huacheng Import and Export Data Observation Report.

Watson & Band’s import and export data observes that there are two ways: one is to take into account the unfavorable changes in the exchange rate when calculating the price, and the price is slightly higher; if there is a certain range, the price should be adjusted accordingly, and the adjusted part and the balance or separately. pay.

According to the Huacheng Import and Export Data Observation Report, these two methods have their own advantages and disadvantages. The first method can lead to high prices. The second method is real-time prices in a sense. The buyer's procurement personnel may need to apply to the company to pay additional fees due to exchange rate changes. Of course, it is also possible that buyers will pay less if the exchange rate is not what we currently expect. The procedure is slightly more complicated, but relatively fair.

Huacheng Import and Export Data Observation reports that each foreign trader needs to formulate a settlement method that is in line with their own business and products before completing an order, so as to avoid unnecessary losses due to exchange rate issues.