Credit insurance can provide specific cover against these political risks. This way, your business operations will not be disrupted by influences beyond your control. The value of a currency can change after a local payment, so that the amount received is ultimately worth less than your claim. With credit insurance, you make clear agreements with debtors that fit within the terms of the insurance. There are clear guidelines on which currencies are considered acceptable and how they are converted.
The global market
Doing business internationally requires a solid foundation. By preparing well and working with an expert, you can manage the risks and enter the global market with certainty. With insight and protection, doing business across borders becomes a lot less complicated.
