Summary

Ensuring that you get paid for exports requires resort to established procedures for mitigating payment risk.

This topic shows exporters ways to minimise the risk of customers defaulting on their payments, which is known as commercial risk.

Exporters must also be aware of the requirement to protect against sovereign risk, sometimes referred to as country risk or political risk, and banking risk, both of which can trigger payment default through events outside the control of the importer.

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