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.