Mode of payments in international trade of Exports and Imports
Posted on
08 April 2023 Category : For Beginners

The information provided here is part of Export import business Course online
I have written detailed articles about mode of payments in international trade seperately in this web blog. So let me provide below links of the same articles about mode of payment in international trade. These links help you to have a good information about mode of payment in international trade.
Mode of payments in Exports and Imports:
The Major ways of making payment for export of goods are:
1. Advance payment - Read in Detail here - Advance payment the best way of terms for business
2. Letter of credit.( L.C.)
You can also read more information by clicking Letter of credit - How does LC work? What are the advantages of Letter of Credit to Exporter? How LC is benefited to Importer? Are there any disadvantages to importer for a consignment under Letter of Credit? What are the disadvantages of LC to an exporter? Who are the parties involved in Letter of Credit? How to check authenticity of LC? What is Prime Banker? Yes, I am sure, once after going through that articles you will have a good knowledge about Letter of Credit.
3. DP basis - Documents against Payments: Read in detail here - Is DP terms of payment safe in export business? How does Bill of Lading work in DP payment terms?
4. D.A terms means Documents against Acceptance - Documents against Acceptance. - How reliable the terms of payment in exports How to make DA mode of payment safe
I hope, the above links help you to know more about the terms of payment in internatinal trade. Would you like to add more information about terms of payment in export and import of international business? Share below your experience about terms of payment under international business.
Write below about this article - Terms of Payment in International business.
The above information is a part of Online international business guide course
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