Methods of payment in international trade - Balance of risk between buyer and seller

In this video we discuss what are the balance of risks between the exporter and the importer in the different methods of payment in international trade?
Here we discuss the risks involved for the buyer and seller in the case of - open account, documentary collections, letter of credit and advance payment methods of payment in international trade
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0:00 Risks involved in open account transactions
0:37 Risks involved in Documentary Collections - Usance
1:14 Risks involved in Documentary Collections - Sight
1:50 Risks involved in Letter of Credit transactions
2:20 Risks involved in Advance Payment transactions
2:37 Summary - Balance of risk between buyer and seller
#tradefinance #internationaltradefinance #exportimport

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⭐⭐Our courses are chosen by international banks and corporates to train their employees.
🚀For our trade finance courses -
www.bankon.school/courses/trade-finance-letter-of-credit-incoterms
✅For our SWIFT ISO 20022 courses - www.bankon.school/courses/swift-mt-mx-iso-20022-message-types