FOB Business Forum » Basics of Import-Export » Payment process in import and export
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2007-6-1 00:40 SwaninCn
Payment process in import and export

[size=3][b]What is the payment process an importer or exporter can use in interantional trading which is dependent or payable on the performance of the contract.[/b][/size]

2007-6-1 07:55 angela66
[color=Green][size=3]We usually use T/T.L/C two kinds of payment. 8TZBt|#dLG
it depends on you.YP+ug D3qb }
Just be careful,and everything will be well![/size][/color]

2007-6-1 11:44 SwaninCn
Yeah Angela66.Thanks for your concern.Q {WH1ng[f2i

^_3x VN [2J/t-G0K [b]The methods of payment for trade finance transactions, ranked in order of most secure to the exporter [/b]
b OqP J\4ykJ [b]to least secure,include payment in advance, letters of credit, documentary collections, consignment and [/b]
+a Ggm,Q,o [b]open account.
|$s/]x;c~)YZ:R] C
yA6Qm+e^I'u Paying in advance is expensive and the most risky for importers. [/b]

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