Export factoring: Difference between revisions
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imported>Doug Williamson (Replaced 'overseas' with 'foreign' to broaden scope) |
imported>Doug Williamson (Classify page.) |
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The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers. | The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers. | ||
In export factoring, the buyer is based in a different country from the seller. | In export factoring, the buyer of the goods is based in a different country from the seller. | ||
== See also == | == See also == | ||
* [[Factoring]] | * [[Factoring]] | ||
* [[Import factoring]] | |||
[[Category:Trade_finance]] |
Latest revision as of 20:40, 30 June 2022
The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers.
In export factoring, the buyer of the goods is based in a different country from the seller.