INTERNATIONALPAYMENT METHODS
INTERNATIONAL PAYMENT METHODS• The decision of which method of payment  must be used depends on: • The risk assumed by the...
MOST USED METHODS• Open account • Direct transfer • Cheque• Bank instruments (subject to documents) • Letter of credit • C...
CONDITIONS OF THELETTER OF CREDIT• Confirmed• Notified• Pay the bearer at sight
SECURITY    LETTER OF CREDIT        COLLECTION   BILL OF EXCHANGEPAYMENT ENGAGEMENT            CHEQUE           TRANSFER  ...
Upcoming SlideShare
Loading in...5
×

International methods of payment

1,571

Published on

Published in: Economy & Finance, Business
2 Comments
1 Like
Statistics
Notes
No Downloads
Views
Total Views
1,571
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
45
Comments
2
Likes
1
Embeds 0
No embeds

No notes for slide

International methods of payment

  1. 1. INTERNATIONALPAYMENT METHODS
  2. 2. INTERNATIONAL PAYMENT METHODS• The decision of which method of payment must be used depends on: • The risk assumed by the parties. • The cost of the transaction.
  3. 3. MOST USED METHODS• Open account • Direct transfer • Cheque• Bank instruments (subject to documents) • Letter of credit • Collection • Bill of exchange
  4. 4. CONDITIONS OF THELETTER OF CREDIT• Confirmed• Notified• Pay the bearer at sight
  5. 5. SECURITY LETTER OF CREDIT COLLECTION BILL OF EXCHANGEPAYMENT ENGAGEMENT CHEQUE TRANSFER 0 25 50 75 100 Security of payment Risk of unpayment
  1. ¿Le ha llamado la atención una diapositiva en particular?

    Recortar diapositivas es una manera útil de recopilar información importante para consultarla más tarde.

×