A Sample of Questions from FCIB's Round Tables in 2004

Please comment on the possibility of a default on some of the bonds and the talks of a suggested dollarization of the Dominican Republic economy? What is on the horizon from a business perspective?

We have experienced slower collections in Mexico lately. What is other members’ experience?

How are members dealing with the FX control issues in Venezuela and how long does it take to get paid?

Is credit insurance on Venezuelan customers an option?

We see more and more requests for open account terms. How are members dealing with such requests and what is your payment experience with China?

Can I ship component parts into China on terms of CIP named place inside China if I don't have a license to sell into China? As I understand it, title passes at the first carriage, not at destination.

Have you had any experience placing accounts for collection in China - what works best?

Is there a significant difference between a stand by letter of credit and a bank guarantee? It appears that customers in Turkey prefer bank guarantees.

Please share your experience with protesting drafts in Latin America and Europe, and their frequency of use.

 

 

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