Tarjetas de memoria: International Payment Methods and Security — 9 tarjetas

International payment methods — types?

Cash in Advance, L/C, Documentary Collections, Open Account

International trade relationships — types?

Affiliated, Unaffiliated known, Unaffiliated unknown.

Cash in Advance — security?

Maximum security for sellers, payment before shipment.

Cash in Advance — security?

Maximum security for sellers.

Letters of Credit — role?

Guarantees payment upon conditions met.

Documentary Collections — security?

Less secure than L/C, relies on documents.

Open Account — risk?

High risk for sellers.

L/C process — step?

Bank guarantees, conditions must be met.

L/C parties — involved?

Applicant, issuing bank, advising bank, beneficiar.