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Import/Export Discussion Discuss surrounding areas of the import/export industry, GST/Tax and the accompanying laws and legislation. Get help and advice from the community on these topics within this category.


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Old 18-11-09   #1
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Default Importing/Exporting payments

Hi all,

I have just signed off to start a job in Jan where i will be a Foreign Exchange Account Manager. The money side of things is no worries for me i know all that, but im just trying to get my head around all this importing and exporting business.

I was just wondering what the most common method/company of payment is?

I assume most people here use a bank to transfer their money? Or are there people out there that use specialised firms? And how much does forex effect your bottom line? (im aware this will be different for each business, but first hand accounts would be great)

Thanks

Prawn
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