Module 4 - Payment Methods

 

The payment terms a business chooses can be a factor in determining how attractive their offer is, and are an important part of international trade. Payment methods can be complicated, and understanding how the common ones work is essential. Discover the advantages and disadvantages of the 3 main payment terms, when to use them, the documents involved, what to do if things go wrongand how to make sure they don’t go wrong.

Content

 
  • Cash with order and open account
  • Documentary Collections
  • Letters of Credit

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