South African businesses need to adhere to the Reserve Bank's Exchange Control Rules and Regulations. In obtaining off-shore finance, the exporters must ensure that they comply with these rules and regulations.
Finance is a very important component to ensure that international trade deals materialise, as we need to compete with the rest of the world, that offer favourable payment terms to potential buyers.
Contact your local bank's international division to establish which finance products they have available. For capital goods, the IDC (Industrial Development Corporation) can be contacted.
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