Abstract
The article is aimed at demonstrating financial instruments used in
foreign trade transactions, including especially those that let an importer be
credited by an exporter, and also at assessing them from the point of view of
an exporter. The author also tries to justify the role of logistics not only at
the stage of a transaction implementation but also at the stage of negotiating
the contract details, including payment issues.
Firstly, she discusses financial instruments that are most frequently used
in foreign trade transactions. These are also assessed against a criterion
of payment certainty and the protection of the importer’s interests. Next,
the author points out the essential logistic conditions for selected ways of
payment and she analyzes issues of risk management in export transactions,
especially types of risk connected with financing a transaction, crediting an
importer or guaranteeing payment.
The publication also contains a synthetic analysis of conditions for export
financing strategies on two selected European markets.