Methods of payment in international trade

2. 1. Invoices and statements 5. Points to remember 2. Settlement of account 3. Delayed payment 4. Request for payment

5. The process of payment

9. 01 02

12. The process of payment

19. In the UK tends to be short and routine

21. SAMPLE ACKNOWLEDGEMENT LETTER (for payment given for a product purchased) Ms/Mr. ____________ Address of the person to whom the letter is being sent Date: Subject: Acknowledgement of receipt of payment Dear Ms./Mr. ________________ We thank you for buying our product _______________ (give product details) from our outlet on _________ (date). We acknowledge receipt of payment vide Demand Draft/Cheque No. _________ dated ____________ drawn on ______________ Bank for Rs._____________. We hope you enjoy using our product. In case of any suggestions or complaints please call on our Customer Service no. ______________. Yours sincerely (Name of the person) (Designation)

23. Sensitive situation

28. REPLY TO FIRST REQUEST

32. REPLY TO SECOND REQUEST

35. Delta Computers Ltd Bradfield Estate Wellingborough Northamptonshire NN8 4HB Telephone +44 (0)1933 16431/2/3/4 Fax +44 (0)1933 20016 Email [email_address] 9 December 20---- Outstanding invoices A deadline to clear the account or else they’ll take legal action

36. 01 02 03

37. 4 5 6

39. Members