Payment processing is one of the main preoccupations of companies with international transactions. Doing business is important, but compensation is essential. Esandis offers you free training space dedicated to international transactions, and all the skills you need to become an export or import manager. Our objective is to provide you an understanding of the importance of the payment component of an international transaction.
1-6-1-1- Credit insurance: definition
Credit insurance can be defined in a few words, but first it's necessary to divide credit insurance into two groups: Export credit insurance (supplier warranty) and buyer's credit warranty.
Credit insurance is intended for international transactions in both exporting and importing.
It's coverage offered by insurance companies to protect against unpaid bills coming from SME and major companies.