Payment methods are various. In the

Payment methods are various. In the term of trading, Giovannucci (2015) payment method contains cash in advance, a letter of credit, documentary collection, open account or credit and countered or bater. Cash in advance is the process of buyers pay cash to seller in advance and commonly is a wire transfer or check in non-delivery goods associated. Payment occurs before shipment and goods will be available after payment. This method is risk-free and credited. (Giovannucci, 2015) Letter of credit is a contract of trust between suppliers and consumers that guarantee the payment. (Giovannucci, 2015) Payment occurs whether upon presenting conforming or after shipment and goods will be available after payment. Documentary collection is to collect a payment by using documentary collection through bank channels to the buyer's bank which cover a draft payment documentary. (ITA, 2015) Payment occurs when the local bank notifies receipt of documents and goods will be available whether before or after payment. (Giovannucci, 2015) Open account is the left open payment with agreement in the future. Payment occurs as the agreement and goods will be available before payment. This method contains none of risk to buyers. (ITA, 2015) Countertrade and barter is commonly use when a buyer’s assessment of a currency converts is lack. In addition, other payment methods are credit card and a note of currencies and hedging. (ITA, 2015)

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Payment methods are various. In the term, of trading Giovannucci (2015) payment method contains cash in advance a letter,, Credit of, collection documentary, account open or credit and countered or bater. Cash in advance is the process of buyers. Pay cash to seller in advance and commonly is a wire transfer or check in non-delivery goods associated. Payment occurs. Before shipment and goods will be available after payment. This method is risk-free and credited. (Giovannucci 2015), Letter. Of credit is a contract of trust between suppliers and consumers that guarantee the payment. (Giovannucci 2015), Payment. Occurs whether upon presenting conforming or after shipment and goods will be available after payment. Documentary collection. Is to collect a payment by using documentary collection through bank channels to the buyer "s bank which cover a draft payment. Documentary. (ITA 2015), Payment occurs when the local bank notifies receipt of documents and goods will be available whether. Before or after payment. (Giovannucci 2015), Open account is the left open payment with agreement in the future. Payment. Occurs as the agreement and goods will be available before payment. This method contains none of risk to buyers. ITA 2015 (,). Countertrade and barter is commonly use when a buyer "s assessment of a currency converts is lack. In addition other payment,, Methods are credit card and a note of currencies and hedging. ITA 2015 (,).