Customs and International Trade

The usual methods of international settlements in foreign economic activity no longer work. SWIFT and the dollar are no longer reliable instruments, and payments get stuck for weeks. What replaced them? We're looking into why simple solutions like replacing the dollar with the yuan or switching to crypto haven't become a panacea, and what the new, flexible cross-border payment system that businesses will have to live with looks like.

Does currency control seem complicated and confusing? In fact, it's a system with clear rules. We've broken down the entire process into simple steps: when to register a contract, what documents to prepare for the bank, and how to avoid the most common mistakes that lead to blocked payments and fines. A practical checklist for any importer.

When a bank freezes your payment abroad, the first reaction is annoyance. But it's not about quibbles, it's about a strict compliance system that protects the bank itself in the first place. We took a look at the other side and explain what your bank is really afraid of and what tokens it scans for each transaction. This is not a theory, but a practical checklist that will help you prepare documents so that the money goes away the first time.

What to do when all the money is "frozen" in accounts receivable? We are analyzing a factoring tool that allows you to receive payment immediately after shipment. We tell you how it helps manufacturers, carriers and suppliers of marketplaces not to fall into the cash gap and have working capital here and now.

Do you think there are still grey areas in the foreign economic activity? Those days are over. The Federal Customs Service, the Federal Tax Service and the currency control authorities (the Central Bank of the Russian Federation and authorized banks) now interact in real time to ensure control over foreign economic activity, tax administration and compliance with currency legislation.

Do you think that payments in yuan have solved all the problems with payments to China? It's an illusion. Large Chinese banks are still afraid of secondary sanctions, and compliance for Russian companies has become prohibitive. This article provides an honest analysis of why direct transfers do not work, and why working through a payment agent is the most reliable payment method today.