International factoring: Difference between revisions
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imported>Doug Williamson (Create the page: Source: Standard definitions for techniques of supply chain finance report) |
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A variation of factoring, where the buyer is situated in a different country from the seller. | A variation of factoring, where the buyer is situated in a different country from the seller. | ||
Due to the international character of the debt, two factors are often involved, one in the buyer's country (Import factor) and one in the seller's country (Export factor). The two factors establish a contractual relationship to service the buyer and the seller. This is called the Two Factor System. | Due to the international character of the debt, two factors are often involved, one in the buyer's country (Import factor) and one in the seller's country (Export factor). The two factors establish a contractual relationship to service the buyer and the seller. This is called the Two-Factor System. | ||
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* [[Factoring]] | * [[Factoring]] | ||
* [[Factors]] | * [[Factors]] | ||
* [[Correspondent factor]] | |||
* [[Export factoring]] | |||
Revision as of 13:51, 20 April 2016
A variation of factoring, where the buyer is situated in a different country from the seller.
Due to the international character of the debt, two factors are often involved, one in the buyer's country (Import factor) and one in the seller's country (Export factor). The two factors establish a contractual relationship to service the buyer and the seller. This is called the Two-Factor System.
