What are the risks and precautions in foreign exchange collection and payment by foreign trade agents?

The size of foreign exchange risk is closely related to the foreign currency. Different currencies received and paid in transactions result in different foreign exchange risks. In principle, hard currencies should be used for receipt and soft currencies should be used for payment.

Establish a currency hedging clause in the contract and use specific financial instruments in the international financial market to construct opposite positions to eliminate the non - systematic risks of assets such as interest rate risk and exchange rate risk. Commonly used financial instruments include forward foreign exchange contracts, options, swaps, etc.A complete export agency agreement should be attached with:Comply with the regulations of the State Administration of Foreign Exchange, submit relevant materials and information in a timely manner, and avoid illegal operations or fines.

What are the risks and precautions for foreign trade agents to receive and pay foreign exchange?_Shanghai Zhongshen International Trade Import and Export Agency Service

March 30, 2025 18:27