The core of cross-border receipt and settlement records is transaction authenticity and consistency between documents. Businesses should retain contracts, orders, invoices, logistics records or evidence of service delivery according to their operating model.
Where the website order, receiving entity and contracting entity differ, the relationship should be explained in advance and supported by records that can be reconciled.
Requirements vary by bank, jurisdiction and transaction type. Current requirements should be confirmed with the account bank and the relevant foreign-exchange authority before processing.