Minimize your risk. Learn the most common international payment methods. 1) Open account 2) Payment in advance 3) Documentary collection (Time, Sight) 4) Letter of credit (Time, Sight)

1. Export Import Practices Knowledge
Builder Minute
International Payment Methods and Risks
Tekle Sebhatu Ph.D
www.stcinternational.us

2. Exporter Risk
High
Importer Risk
Low
Payment Terms
Open Account
Documentary Collection(Time)
Documentary Collection(Sight)
Letters of Credit (Time)
Letters of Credit (Sight)
Payment in Advance
Summary International Methods of
Payments and Risks
HighLow