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张良卫国际海上运输第7章.ppt
Characteristics of international payment issues Credit information Lack of personal contact Difficult and expensive collection 收款 No easy legal recourse 追索 High litigation 诉讼cost Mistrust Terms of Int’l Payment There are essentially four “traditional” methods to handle the issue of payment in foreign transactions, all involving a different level of risk: cash in advance预付 Open account 经常帐户(赊销) Collection 托收 Letter of Credit 信用证 Which payment term will be used ? The risk of none payment vs the risk of losing business risks in international trade country risk the issues related to th
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