The Comprehensive Guide to Packing Lists: An Indispensable Tool for Export and Shipment
Efficiency and accuracy mark the keys to success in international trade, a very fast-paced industry. One such document that assumes an important role in the logistics movement of goods while complying with regulations is the packing list. Overlooked many times, this document is an extremely important tool providing minute details about the contents of a […]
Understanding the Commercial Invoice: A Comprehensive Guide
Proper documentation is required while shipping goods from one country to another in the present global trading world. Such shipping requires proper documents for easy and smooth processing without any regulatory non-compliance or financial record problems. Amongst all these required documents, commercial invoice is prominent and plays an important role in such shipments. It acts […]
Export Documentation: The Essential Guide to International Shipping
When people think of exporting, they often imagine the exciting parts, closing international deals, meeting clients from around the world, and attending global trade shows. However, there’s another side to exporting that’s just as important: export documentation. While not as glamorous, having the right documents is crucial for ensuring that goods are shipped smoothly and […]
What is Foreign Inward Remittance Certificate (FIRC): A Comprehensive Guide
With the increasing globalisation of finance, cross-border transactions are even more common than ever before. They are used for trade, investment, and personal purposes. Hence, funds are transferred from one country to another; proper documentation is needed for mutual transparency, legality, and regulatory compliances. In India, one such essential document is the Foreign Inward Remittance […]
Private Ltd, Partnership, or Proprietorship: What should you choose?
Are you thinking of starting a business? Then the first question that might have struck your mind is the structure for your enterprise. It is important to select the right legal framework to achieve long-term growth in terms of operational flexibility, tax obligations, and overall growth prospects. In this article, we’ll explore three popular business structures […]
What Is a Sort Code and How Does It Affect Your Transactions?
As an exporter or a freelancer providing goods and services in countries like the United Kingdom or Ireland, you might consider opening a local account or using online banking facilities. In that case, you must understand what sort code is and why it matters in banking. What is a sort code? A sort code is […]
Are the IFSC and SWIFT code the same? What you need to know!
While transferring money in India, we need the receiver’s bank account number as well as the IFSC code, whereas transferring money abroad needs you to have the receiver’s SWIFT code. Both the codes help you transfer funds securely from one bank account to another, but they’re not the same. In this blog, let us understand […]
Pineapple Design transformed their international transactions with BRISKPE
According to Fortune Business Insights, in 2022, the global market for UI-UX services was valued at USD 2.59 billion but is expected to grow significantly by 2030 to USD 32.95 billion. This growth is led by design studios such as Pineapple, which create visual identities and creative solutions for clients worldwide. However, maintaining smooth operations […]
Leveraging Foreign Currency Invoicing for Maximum Revenue
Running a business with clients across the world can be exciting, but dealing with payments in different currencies often feels like a challenge. If you’ve faced delays or lost money due to exchange rates, you’re not alone. That’s why foreign currency invoicing can prove to be a smart move. It’s not just about making things […]
Understanding the Bill of Lading: A Practical Guide
If you’re involved in shipping or logistics, you’ve probably heard of the bill of lading (BoL). But what exactly is it, and why is it so important? Simply put, the bill of lading is a key document that keeps the wheels of global trade turning. Whether you’re a shipper, carrier, or consignee, understanding its purpose […]
Understanding Letter of Credit: A Simple and Detailed Guide for Businesses
If you’ve ever thought about how to secure payments in international transactions or guarantee that you’ll receive your shipment as expected, then understanding how Letter of Credit work is essential. So, let’s break it down in simple terms and explore how it could benefit you as a business owner. What is a Letter of Credit? […]
A Comprehensive Guide to International Invoicing
Invoicing across borders can seem complex, but with the right knowledge and approach, it can be straightforward and efficient. Whether you’re a small business expanding internationally or a large corporation managing international clients, understanding the intricacies of international invoicing is crucial to ensure smooth transactions, compliance with local regulations, and ultimately, a positive relationship with […]
