Trade payment methods and finance instruments.
Advance payment is a method in which the buyer pays the seller before goods are shipped or produced, offering maximum security to ...
A bank guarantee is a written commitment from a bank to cover a financial loss if one party to a contract fails to meet its obliga...
Cargo insurance protects the owner of goods against physical loss or damage during transport by sea, air, road or rail, covering r...
Cost, Insurance and Freight — an Incoterm where the seller pays freight and insurance to the destination port.
Documentary collection is a trade payment method in which banks handle the exchange of shipping documents for payment (D/P) or for...
Free On Board — an Incoterm where the seller's responsibility ends once goods are loaded onto the vessel.
A bank guarantee that a seller will be paid once agreed shipping and documentary conditions are met.
A TT payment (Telegraphic Transfer) is an electronic bank-to-bank transfer of funds, widely used in international trade to pay sup...