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.