The use of appropriate and correct documentation in the complex world of international trade is all important as the commodity or the services being dealt in. To the Indian exporters, their main concern is to demonstrate that payments of foreign currency of their export goods that they sent abroad have
The main support of the world economy is international trade, which connects countries and enables businesses to develop abroad. Still, taking advantage of this opportunity is complicated, since it means dealing with trade customs, rules, duties, and paperwork. Everything becomes easier to handle because of the Harmonized System (HS) Code.
These days, currency conversion plays an important role in trading internationally, going on business trips, and buying anything online. Nobody expects to be ripped off when they exchange money while doing international transactions, be it business or personal, such as moving to another country as an expatriate, shopping online or
Given the current globalized economy, the fluctuating exchange rates are a normal part of the daily life of the companies that operate in international markets. At Eximpe, we know that currency fluctuation is not a mere capital word. It is a key determinant of strategies, profits, and competitiveness of cross-border
It is important to understand exchange rates when trading or investing/carrying out business internationally or planning for a trip to another country. At Eximpe, we also understand that a currency exchange rates table is not so easy to interpret at first sight, but once you master how it works,
International trade involves continuous foreign currency inflows and outflows. For Indian exporters, managing foreign exchange efficiently is critical to minimizing conversion costs and maintaining liquidity. To support exporters, the Reserve Bank of India (RBI) introduced the EEFC Account, a facility that helps businesses retain foreign currency earnings in India. This
For individuals and businesses involved in global trade, knowing “what is custom duty” is essential. With the growth of worldwide trading, paying customs duty played a crucial role in the import and export business. Here is a detailed overview of what customs duty is, the types of customs duty and
Working with overseas clients can be highly rewarding—but getting paid across borders can be tricky if you’re not familiar with the process. Whether you’re a freelancer, startup, or established business, receiving international payments in India requires the right banking setup, compliance with regulations, and knowledge of available
Banking & Payments
If you’ve ever sent or received money internationally, you might have been asked for your IBAN number. For many, this sparks confusion—especially in countries where IBAN isn’t part of domestic banking. This guide by EximPe explains what an IBAN number means, why it exists, how it’s
International Trade & Finance
Venturing into the export market can be thrilling, as it presents a great avenue for expansion and growth; however, it presents distinctly different challenges that may strike fear in the hearts of new exporters. There is an absolute call for knowledge and shunning the common pitfalls in establishing an export
International Trade & Finance
An increasingly globalized economy created an encouraging situation for cross-border payments. It has enabled businesses to buy and sell goods and services across borders, thus encouraging trade and commerce. However, making cross-border payments is quite complicated, and it involves a number of steps, regulations, and financial institutions. It takes it
Taxation & Compliance
Freelancing provides the flexibility to work with clients all over the world. Still, at the same time, it also comes with unique tax challenges, especially for Indian freelancers dealing with international income. Knowledge of the nuances of tax obligations in other countries can save you a lot of money and