PAYMENT IN INTERNATIONAL TRADE 2

List of goods sold as a request for payment

Signed document that orders a person or organization to pay a fixed sum of money on demand or on a specified date

Document that shows details of good being transported, it entitles the receiver to collect the goods on arrival

Document allowing someone to claim ownership of goods

Bank that issues a letter of credit (the importer's Bank

Bank that receives payment of bills, etc. for their customers account (the exporters bank)

Bank that confirms they will pay the exporter on evidence of shipment of good

Method of financing overseas trade web payment is made by a bank in return for delivery of commercial documents, provided that the terms and conditions of the contract are met