Guide for Payment terms or Payment Methods in International Trade

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Payment terms or Payment Methods are an important part of getting a profitable trade whether you’re exporting or importing goods. In this video, we will talk about 5 types of payment terms in international trade: cash in advance, letter of credit, documentary collections, open account, and consignment.

0:00 Intro what are payment terms
01:15 1. cash in advance
03:50 2.Letter of credit (L/C)
06:07 3. Documentary collections (D/C)
09:25 4. Open account (O/A)
12:23 5. Consignment
14:54 6. Other payment terms
16:20 7. How to choose between payment terms
18:34 End

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❤ 𝙊𝙪𝙧 𝙨𝙚𝙧𝙫𝙞𝙘𝙚 𝙡𝙞𝙨𝙩:

- Sourcing products
- Suppliers verification & Factory auditing
- Price and MOQ negotiation
- Private label
- Products quality inspection
- Warehouse service-free storage
- Logistics
- Your customer representative in China
- Sample collection & quality inspection
- Re-packing, bundling, and labeling
- Custom packaging
- Custom product
- Order follow-up
- Amazon FBA prep

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☎ 𝘾𝙤𝙣𝙩𝙖𝙘𝙩 𝙪𝙨:

𝗜𝗺𝗽𝗼𝗿𝘁 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴: +86 173-5795-3001 (WhatsApp)
𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝗮 𝗰𝗮𝗹𝗹: +86 173-5795-3001 (China)
𝗩𝗶𝗱𝗲𝗼 𝗰𝗮𝗹𝗹: +86 173 5795 3001 (Skype）