Selling car parts to Europe through a sole trader registered in Ukraine.
A Ukrainian sole trader supplied car parts to Spain through an international trading platform. When the platform changed its terms, a new requirement appeared: holding an account with a European bank. The client had only a Ukrainian account, which put the continuation of the business and the receipt of payments at risk.
The A Finance lawyers negotiated with the platform and studied its new terms in detail. As a result, they agreed on a solution that works through a European payment system, which met the partners' requirements and allowed settlements to continue through the client's Ukrainian account.
The sole trader continued supplying car parts without interruption, kept all the benefits of the partnership and now receives payments directly in Ukraine. The solution avoided extra costs, reduced risk and kept the business stable.
The challenge
The solution
The result
