Payment and Credit
When a Weight Gap Becomes a Payment Fight
A gap between loaded weight and outturn weight becomes a payment fight when nobody agreed which figure to pay.
Payment and Credit
Plain-language notes on how grain buyers and sellers get paid, and where credit risk sits.
Payment and Credit
Choosing the Currency on a Grain Invoice
The invoice currency decides who carries the conversion. Pick it in the contract, then use it on every page.
Payment and Credit
Why Advance Payment Makes Both Sides Nervous
Advance payment asks the buyer to fund grain before title and quality are settled. The worry on each side is rational.
Payment and Credit
A Checklist Before You Extend Buyer Credit
Extending credit on a grain sale means the cargo can leave before the money arrives. Check the buyer, the limit, and the paperwork first.
Payment and Credit
Payment Mistakes on a First Grain Export
First exports fail on vague payment terms, documents that cannot be collected, and a ship that arrives before the papers.
Payment and Credit
What a Letter of Credit Tries to Do
A letter of credit pays against documents that match, not against grain quality. Read it before you load.
Payment and Credit
Open Account or a Documentary Collection
Open account ships first and trusts the buyer to pay. A collection keeps the papers at the bank until the buyer acts.
Payment and Credit
Cash Against Documents in Everyday Words
Cash against documents releases the papers when the buyer pays. The bank does not promise the payment.