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Popular methods of payment used in international trade include: cash with order(CWO)-the buyers pay cash when he places an order. cash on delivery(COD)-the buyer pays cash when the goods are delivered. documentary credit(L/C)-a Letter of credit (L/C) is used; gives the seller two guarantees that the payment will be made by the buyer:one guarantee from the buyer's bank and another from the seller's bank. bills for collection(B/E or D/C) -here a Bill of Exchange (B/E)is used; or documentary collection (D/C) is a transaction whereby the exporter entrusts the collection of the payment for a sale to its bank (remitting bank), which sends the documents that its buyer needs to the importer’s bank (collecting bank), with instructions to release the documents to the buyer for payment. open account-this method can be used by business partners who trust each other;the two partners need to have their accounts with the banks that are correspondent banks. Methods of payment: Cash in Advance (Prepayment) Documentary Collections Letters of Credit Open Account Combining Methods of Payment Summary Resources Activities Assessment 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Methods of payment in International trade」の詳細全文を読む スポンサード リンク
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