"Merchanting trade involves the shipment of goods from one foreign country to another foreign country, where the merchant is based in India. Here's how to navigate this complex terrain."
Merchanting trade is a unique transaction where goods are bought from a supplier in one country and sold to a buyer in another country, without the goods ever touching the home country of the intermediary. This requires a deep understanding of international logistics and foreign exchange regulations.
The entire merchanting trade transaction must be completed within nine months from the date of the first leg of the transaction.
Documentation is the heart of merchanting trade. From the Letter of Credit to the Bill of Lading, every piece must be meticulously reviewed to ensure compliance with RBI guidelines.
Our platform simplifies the complex web of merchanting trade by automating document verification and providing real-time tracking for all legs of the transaction, ensuring that intermediaries can focus on growing their business.