Resolving unsettled accounts for US auto parts manufacturers in Canada can be a complex and challenging process. From currency exchange issues to legal and regulatory differences, there are several obstacles that need to be overcome. Communication and language barriers can also pose a significant challenge. However, by implementing the right…
Day: November 30, 2023
Debt Recovery
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How US Agricultural Suppliers Navigate Delayed Payments in Canadian Trade
This article explores the challenges faced by US agricultural suppliers when navigating delayed payments in Canadian trade. It examines the impact of currency exchange risks, customs and border delays, and payment processing time on these suppliers. The article also discusses strategies to mitigate delayed payments, including establishing clear payment terms,…