Problems That Should Be Paid Attention To Accurately Calculate Exchange Cost

1, calculate freight with correct freight rate standard.

With the development of pportation and the extensive use of containers, foreign importers often require container shipping in our export trade.

2, accurately grasp the number of goods that can be loaded into the entire container, and avoid delivery of empty freight.

If the contract stipulates that the whole container should be shipped, if we can not accurately grasp the inside and outside packaging of the export goods, we can not accurately grasp the quantity of goods that each container can load. It will easily lead to no load, and empty loading means that the freight will be paid in vain. The unpaid expenditure of freight means that the calculation of freight charges is inaccurate, and the calculation of foreign exchange cost is not accurate.

3. Pay attention to the calculation of the loading mode of pallet + container.

Pallets and containers play the same role in pportation: protect goods, facilitate loading and unloading, and prevent pilferage. Therefore, the shipping process can be applied in one way according to specific circumstances.

If the two methods are adopted at the same time, not only will there be more packaging costs.

We also need to pay for the space occupied by pallets.

Therefore, when foreign importers ask for pallets and containers later, we should not forget to calculate the additional packing cost and pportation cost when carrying out the pallet + container shipment when calculating the exchange cost.

4. Correctly calculate additional premium for premium premium.

Insurance is to ensure that the owner can get some economic compensation after the goods are destroyed, so that their operation can continue.

According to international practice, the insurance premium is usually 10%, and the premium increases with the increase in insurance premiums.

When the insurance premium reaches 30%, the insurance company generally does not accept it. This is to prevent individual shippers from deliberately damaging the goods and defraud high insurance compensation.

Therefore, if there is a special case, there is a need to increase the insurance premium. Even if the insurance company can not accept it, the premium is relatively high. The insurance company needs to confirm the premium by writing. Then, when calculating the foreign exchange cost, we must add all the expenses that the insurance company confirms.

5, we must not calculate the premium required for the goods.

The insurance premium is determined by the basic rate of the commodity, such as the amount, category, insurance risk, and destination country. If the export commodity is a specified cargo that needs premium, the premium is calculated on the basis of basic insurance premium plus premium and the premium premium is higher than the basic insurance premium. Therefore, in addition to knowing the basic insurance premium of the export goods, we should also know whether the export goods belong to the specified goods and whether it is necessary to increase the premium.

6. Attach importance to deductible compensation for export insurance.

The insurance company has a deductible provision for certain goods, and the exemption rate varies from 0.5% to 5%. Therefore, it is necessary to know whether the export commodities belong to the goods within the scope of the insurance company's compensation. If the goods are within the franchise, and the contract will sign the corresponding deductible clauses, the exporter will bear certain compensation risks. Once the compensation is established, the exporter will pay a small price, and the loss will occur as a result of the increase in the exchange rate. Therefore, the goods that are stipulated in the deductible range of the insurance company must sign the deductible clauses on the contract, avoid possible compensation risks, and eliminate the hidden dangers that can increase the cost of the exchange, so as to ensure the accuracy of the cost of the settlement.

7. Correctly estimate the normal bank charges.

The normal bank charges incurred in the collection mainly include: tolling and sending bills.

The normal cost of letter of credit settlement includes: letter of credit notification fee, confirmation fee, negotiation fee, sending order fee, document handling fee, telegram fee, reimbursement fee and so on.

Since the bank charges arising from the settlement of letters of credit are rather complex, the payment of letters of credit must be paid special attention to bank charges when calculating the exchange rate. Because the amount of the letter of credit is different, the terms of the terms are different, the issuing countries are different, and the banks charge different fees, and the preferential items are different. Therefore, the expenses arising from the settlement of letters of credit are different.

8.

Abnormal bank charges arise in the settlement of letters of credit, mainly including discrepancy of funds, discrepancy of cable charges caused by presentation of documents, as well as the issuing fees, pfer fees and so on.

There are many reasons for it. For example, the contract does not clearly define the bank charges. Foreign importers are loopholes in the pfer of the issuing fee or pfer fee to the export side, so that the issuing fee and the pfer fee will be borne.

For example, if the terms of the contract are incomplete, the contract can not be carried out smoothly; or there are traps clauses which are restricted by the other parties in the contract, which are difficult to perform; or because of operational errors, they fail to fulfill the contract terms, or there is an error in making the foreign exchange settlement.

No one can guarantee in advance that the signing of the contract terms one hundred percent is reasonable and the accuracy of the contract one hundred percent is no fault.

Therefore, when calculating foreign exchange costs, the abnormal bank charges that should be generated should be properly estimated.

9, pay attention to subtraction.

Commission is the revenue earned by middlemen when they introduce pactions or act on behalf of business. A considerable proportion of our export contracts are arranged with all kinds of middlemen. We need to pay commissions to middlemen after the paction is completed and the loan is recovered. We should deduct the Commission of the expenses when calculating the exchange cost, especially in the middlemen, for some reasons, they ask us to pay the dark Commission and not to show the commission ratio in the contract.

10, interest arising from forward credit shall be credited.

In the export trade, we do l / C forward, D/P forward and D/A forward. We can not just regard it as a late collection of foreign exchange. We should understand that the long-term repurchase is our credit to customers. If we have a pressure on our clients, we should not only assume the risk of not being collected at the time of maturity, but also pay interest on the funds that are being held up. The cost can be calculated according to our account amount, the days of credit and the rate of bank loans. The formula is: the interest on the deposit: the amount of X, the amount of X, the number of days of credit, the rate of bank loans.