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A transaction of a secured order should contain the essential facts about the desired merchandise.
CHECK BACKGROUND OF BUYER
Exporters must check the background of the buyer or importer. GEPC could assist in checking on the background of the buyer.
EXPORT DOCUMENTATION
The exporter should obtain:
Ghana Export Form from:
1. CEPS
2. All Commercial Banks
METHODS OF PAYMENT
1. Letter of Undertaking
2. 60 Days Credit
3. Bilateral Account
4. External Accounts
FORMS OF PAYMENT
Cash
Cheque
Mail Transfer
Electronic Transfer
OTHER MODES OF PAYMENT
A confirmed irrevocable Letter of Credit:
Bills of Collection
TAXATION
All Non-Traditional exports are free from taxation and should be covered by the Ghana Export Form.
HOW TO SUCCEED IN EXPORT TRADE
Adequate knowledge of international business practices is essential. For more information contact GEPC.
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