International Payment: Letter of Credit, Documentary Collection, and Electronic Payment in International Transactions: Letter of Credit, Documentary Collection, and Electronic Payment in International Transactions

Author: Schinkelmann
Publisher:
Publish Date: 2002-12-01
Features: This book is written to help buyers and sellers learn how to select international payment methods. In this book, the author conducts a pros and cons analysis of the four most commonly used payment methods in international transactions, and provides a more detailed explanation of two of these methods—documentary collection and documentary credit. At the same time, the book also includes dedicated chapters discussing electronic payments, the 1990 Incoterms, a wide range of professional terms, and the documents used in international transactions. If readers wish to obtain more information on payment methods, please refer to the related publications listed in the references of this book and consult your bank's international trade finance department.