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Payment Methods and Finance for International Trade (Hardcover, 1st ed. 2021)
Loot Price: R2,342
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Payment Methods and Finance for International Trade (Hardcover, 1st ed. 2021)
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This book explains various methods of payment in international
trade and trade finance schemes for international trade. It also
presents an overview of the concepts, purposes, features, and risks
of international trade. A grasp of the features and risks of
international trade facilitates a better understanding of the
numerous methods of payment in international trade and the relevant
trade finance schemes, which is essential to success in
international trade transactions. In order to complete an
international trade transaction, depending on the terms, both
parties need access to funds. Compared with large companies, small
and medium-sized enterprises (SMEs), frequently face difficulties
in raising capital or funds, but financing an international trade
transaction is often the key to its successful completion. As such,
selecting an appropriate financing mechanism from the various
options available is vital. This book offers a systematic overview
of international trade and payment together with trade finance,
providing instructive examples and illustrations of trade
documents, each method of payment, and trade finance including
export credit insurance or guarantee.
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