Basic Trade Finance Tools: Payment Methods in International Trade
A GUIDE TO DEVELOPING AGRICULTURAL MARKETS AND AGRO-ENTERPRISES, Daniele Giovannucci, ed., World Bank, 2002
14 Pages Posted: 28 Jun 2007
The increasing participation of relatively inexperienced enterprises in international trade calls for a concise and jargon-free, general reference to the many ways by which traders can arrange for payments to be made and the relative merits, of each from a risk standpoint. The most common methods i.e. letters of credit, are covered in some detail including examples.
Keywords: Trade, finance, credit, export, payment, letters of credit
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