Translation of "Trade invoice" in German

Our Mission at Atradius Collections is to be the trade invoice collection services company of choice worldwide,most valued by our customers, partners and employees.

Through a presence in 25 countries, Atradius Collections provides trade invoice collection services in 96% of the countries across the world.

Most of the international trade is still invoiced in either DM or $, rather than in the domestic currency.

Numerous irregularities occur in many countries, such as the creation of fictitious documentation of waste collections, for example, in a practice known as invoice trading.

Other metrics, which include the proportion of trade invoiced in dollars and the share of US assets (notably Treasuries) in central banks’ foreign exchange reserves, suggest a similar degree of “dollar dominance.”

The analysis presented by Gita Gopinath, which establishes a connection between the price pass-through to prices from exchange-rate changes and the currency in which trade is invoiced, speaks plainly to this issue.

True, much of global trade is invoiced in dollars, but the Chinese renminbi is muscling into that turf, and producers ultimately care about how their revenues translate into domestic purchasing power.

The euro has also become very important in many third countries, notably euro-area candidate and neighbouring EU countries, around 60% of whose trade is now invoiced in euro.

A not-so-legal approach is to issue false or inflated trade invoices – essentially a form of money laundering.

The first panel of Table 7.2 gives an aggregate picture of the role of different currencies in trade invoicing.

This system bears the code of the enterprise - of the traded goods, the invoiced value, and the VAT code of the buyer etc.

The first horizontal panel shows the currency breakdown of trade invoicing, while the second panel shows how important each country was in trade.

Rapid changes, though, are not likely because the dollar's role in trade invoicing and asset holdings is already in decline.

Some idea of the international weight of currencies in trade invoicing is given in Table 13.

Because it involves the exchange of essential trading information between trading partners —orders, invoices, payment advice notes and so on—EDI raises questions with regard to security.

While one can expect that these factors will affect nonEU countries only gradually over a relatively long period of time, the introduction of the euro represents a structural break in the invoicing practices in inter national trade relations, and trade invoicing in euro will increase very rapidly, probably already in the first years after the introduction of the euro.

For example, the analysis of transaction costs shows that these are higher for smaller countries, which rarely use their own currency in trade invoicing and whose financial markets lack depth.

However, neither dramatic nor instant changes should be expected since for some func­tions (trade invoicing, asset holdings) the role of the dollar has already been significantly diminished, while for others (use in exchange markets), technical reasons favour a single standard, giving the dollar an initial advantage.