Growth from abroad
An increasing number of Finnish companies are looking for new opportunities and markets abroad. The more exotic the country, the more its operating practices may differ from Finland, and there are also diverse risks which one should take into account. You can and should protect yourself against these risks in advance. OP provides versatile solutions for your export trade wherever you are doing business. We can also help you to find the most suitable payment methods for each country and situation.
Money safely and quickly into your company's account
With export trade you should not only consider the risks relating to the counterparty's payment capacity but also the possible financial and political risks associated with the country of destination. Your company can protect itself against such risks by using export documentary payments, such as export documentary credits and documentary collection. By choosing the right payment method you can ensure in advance that you will receive payment and the money will be quickly available in your company's account. At the same time you can offer the buyer a longer payment period, which gives you valuable competitive edge.
Documentary credits are especially useful when you do not know the business partner or the business partner's country involves risks. In some countries documentary credits are the obligatory payment method in foreign trade. But if your business partner is familiar and safe, your payment method can be a documentary collection or a direct payment abroad, especially when the business partner operates in a stable and developed economy.