- Insure against non-payment
Insure against non-payment
Before you fulfil an order, think about what happens if a buyer doesn’t pay. You should:
- research the country to see what legal recourse you have
- consider a payment method that offers more security like a letter of credit
- consider getting insurance to cover the risk of non-payment
See the government’s list of approved export insurance brokers.
UK Export Finance offer an insurance policy for high risk countries.