Exports (Foreign Payments).

Oral Answers to Questions — British Army. – in the House of Commons at on 7 May 1940.

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Photo of Sir Reginald Blair Sir Reginald Blair , Hendon

asked the President of the Board of Trade whether the Export Council will arrange for its groups to sell in certain foreign countries against irrevocable bank credits, or by barter methods, so as to prevent currency losses, or payments defaults, or repudiation of contracts?

Photo of Sir Andrew Duncan Sir Andrew Duncan , City of London

Methods of payment are matters to be settled by exporters with their customers having regard to all the circumstances.