Upon completion of this unit you will have gained a basic and practical understanding of the various payment options available in International Trade. Detailed Topic Listing as follows:
LU FIT 001 Methods of
Payment
1. INTRODUCTION
- - - 1.1 Classification of Methods of
Payment
- - - 1.2 Criteria for the Choice of a Method
of Payment
- - - 1.3 Factors Affecting the Importer's
and the Exporter's Choice
- - - 1.4 Trust and Good Faith
- - - 1.5 Bank Services
- - - 1.6 Receiving Payment for Bad Debts -
Collection Agencies
- - - 1.7 Analysis of Methods of Payment
- - - 1.8 Other Methods of Payment for Export
- - - 1.9 Payback
- - - 1.10 Non-Monetary Methods of Payment
2. PAYMENT BY CHEQUE
3. BANK DRAFT
4. BANK TRANSFER
- - - 4.1
Documentary Payment Order
- - - 4.2
Documentary Payment Order
5. CLEAN COLLECTION
6. DOCUMENTARY COLLECTION
6.1 Documentary Collection
6.2 Documentary Collection
7. COUNTRIES AND
PAYMENT TERMS
7.1 Countries and Payment Terms
7.2 Countries and Payment Terms
7.3 Countries and Payment Terms
7.4 Countries and Payment Terms
7.5 Countries and Payment Terms
8. BONUS China
Systems BPO demo
8.1 BPO Opening Screen
8.2 BPO Background
8.3 BPO Background 2
8.4 BPO Background 3
8.5 What is BPO
9. BPO Process
9.1 BPO Process 1
9.2 BPO Process 2
9.3 BPO Process 3
9.4 BPO Process 4
9.5 BPO Process 5
9.6 BPO Process 6
9.7 BPO Process 7
9.8 BPO Process schematic
9.9 BPO Final
Further Reading
1 - Basic Summary of Methods of
Payment
2 - Improving the Availability of
Trade Finance during Financial Crises
3 - A Study of International
Trade Finance Practices
4 - How Banks Affect Export
Patterns
5 - International trade: Cost and
efficiency of selected payment instruments
6 - UNCITRAL Model Law on
International Credit Transfers
7 - Payment Methods in
International Trade
Forum Assignment
End of Unit