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Results for "counterposting"

Counterposting

Definition: Counterposting in finance refers to a process where an exporter sends goods to a receiving country, which then receives those goods back to its original destination. This is done by a third party called the counterparty or counteragent, who acts as a middleman between the two countries and ensures that the goods are received at their intended destination. In this context, "counterposting" refers to the act of transferring goods from one country to another without the need for a formal exchange or transfer. This can be


counterposting