About Foreign Exchange Remittance. Explained about T/T, M/T and D/D.

No.1 International Trade & Logistics E-Learning

contents
00:00
00:42 What Foreign Exchange Remittance is
01:22 Telegraphic Transfer Remittance, T/T
01:40 Mail Transfer, M/T
01:58 Demand Draft, D/D
02:21 Advantages and Disadvantages
04:02 Summary

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Settlement Methods in Trade

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【Profile】
Shinya Iino

15 years experience in business development in Asia and South East Asia. Marketing and Sales specialist in especially Logistics field.

Over 5,000 TEU Monthly volume for export and import in our Group company in Thailand.

・Established Forwarding Company in Thailand.
・Achieved THB 7.5 million ordinary income in the first year.
・Management and Training Thai staffs with Japanese hospitality style.
・Strong communication skill with Japanese, English and Thai language.
・Succeed in expanding our business to the total logistics provider.

[sinathmaneth]

I would suggest for a special training video about how to prepare a SOP/IOP. Thanks for sharing IINO

[ishanagrawal]

Thank you! How the exchange rate is decided for inward remittance in India? The rate is different daily? And is the rate different for different banks if yes where can we see the days exchange rate ? Kindly confirm. Thank you!