Techniques and methods of payment in international transactions

Overview

Learning the most commonly used techniques and methods of payment for companies which work with or plan to expand their business plans towards international markets.

Course objectives

• Knowledge of International Rules and Practices
• Understanding the specifics of techniques and ways of payment
• Advantages / disadvantages
• Manage relationships with financial institutions that mediate international payments

Covered topics

• Rules and international practice
• Advances and payments on credit
• Debt securities
• Bills of exchange
• Promissory note
• The letter of credit
• The Documentary Collections
• Letters of guarantee
• Mobilization receivables